US-based Affectiva raises M Series D

Affectiva’s software can differentiate between a smirk, a happy smile, and a polite smile. (Images via Affectiva) Emotion recognition software startup Affectiva, cofounded by Egyptian entrepreneur Rana el Kaliouby, said this week it’s raised a Series D round of $14 million. The company is based in the US in Massachusetts. The round was led by Fenox Venture Capital and follows a previous raising of $20 million, with other investors including the VC firm’s limited partners IT services giant CAC Holdings, Bandai Namco, and Sega Sammy Holdings, the multinational video game developer and publisher in Japan. The investment will fund R&D and growth into gaming, healthcare and video communications. Affectiva’s artificial intelligence technology uses an optical sensor, such as a webcam or a phone camera, to read people’s faces, focusing on…


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