Hailo’s $120M series C to fuel development for biometric applications

Chipmaker Hailo has successfully concluded a $120 million series C financing round to support the growing importance of its AI vision processors for smart cameras.

The company’s patented AI inference capabilities and advanced computer vision engines help address the growing complexity of biometric applications, such as facial recognition.

The investment round includes participation from existing investors and new investors. New investors include the Zisapel family, known for their investments in the tech industry; Gil Agmon, a prominent figure in the …

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