PointGrab’s Sensing Solution for Smart Buildings Boosted by M Strategic Investment from Philips …

HOD HASHARON, Israel–(Business Wire)–PointGrab today announced a US$7 million strategic investment to support its advanced sensor technology for smart buildings. The investors include new partners – Philips Lighting, the global leader in lighting, Mitsubishi UFJ Capital Co. Ltd (MUCAP), a venture capital arm of MUFG, Japan’s largest financial group, in addition to existing investors ABB Technology Ventures (ATV) and others. PointGrab’s edge-analytics smart sensing solution, CogniPoint™, provides industry-leading occupant activity analytics to enable effective building space management and enhance buildings’ operational efficiency. By embedding state-of–the-art deep learning neural networks technology into cost-effective, miniature and connected optical sensing devices, PointGrab’s CogniPoint sensing solution provides unprecedented analytics precision in the detection of occupants’ locations, count, and movements. This technology improves energy efficiency, optimizes the use of space and improves safety and security.“CogniPoint’s…


Link to Full Article: PointGrab’s Sensing Solution for Smart Buildings Boosted by M Strategic Investment from Philips …

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