Datagen Technologies, an Israel-based developer of simulated privacy by design visual data sets to train deep machine learning models for real world tasks, has now secured $18.5 million in funding.
Datagen Technologies is founded by Ofit Chakon in the year 2018. It is a developer of simulated privacy by design visual data sets to train deep machine learning models for real world tasks. The solution helps to create “human” data, things like body movements and skin textures, but also build the entire environment by mimicking the statistical patterns found in “real world” data like background and lighting imagery.
The company currently works with innovative companies across a wide range of industries.
“Computer vision can be an amazing tool for defect and risk detection — things like errors on an assembly line or rust or cracks that threaten the structural integrity of a building,” Chakon told in a report via email. “Simulated data can supercharge this application by simulating extreme cases that would be dangerous to capture manually in a data set or are extremely rare. It also allows enterprises to create environmental variations to strengthen performance, like different lighting conditions, robotic attachments, or tools.”
“Many new products not yet in production — smart appliances, robotics, and more — will have specific camera types and orientations. In many cases, this means datasets need to reflect the specific nuances of that hardware in order to be effective,” Chakon continued. “But, if the hardware is not in the hands of consumers or is highly secretive, it can be impossible to efficiently collect the data you need. Simulated data can imitate these specifications, allowing teams to develop software solutions that are perfectly attuned to hardware that is still in development.”
Datagen Technologies latest funding
The round was backed by the Viola Ventures with participation from TLV Partners, Spider Capital as well as Max Planck Institute, and others.
The company, as of now, has plans to use the new funds to grow its Research and Development and expand into some new markets.