Visual Search leader joins global top 100 companies with the most innovative technologies.
ViSenze announced that it has been selected as a winner for Red Herring 2014 Top 100 Global award, a prestigious recognition honouring the year’s most audacious and far-reaching private technology companies and entrepreneurs from across the globe.
Red Herring’s editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technology innovation, management quality, strategy, and market penetration. This assessment of potential is complemented by a review of the track records and standing of startups relative to their peers, allowing Red Herring to see past the “buzz” and make the list a valuable instrument of discovery and advocacy for the most promising new business models from around the world.
"Choosing the companies with the strongest potential was by no means a small feat,” said Alex Vieux, publisher and CEO of Red Herring. “After rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across the globe to the Top 100 Winners. We believe Visenze embodies the vision, drive and innovation that define a successful entrepreneurial venture. ViSenze should be proud of its accomplishment.”
Founded in August 2012 as a technology spin-off from the National University of Singapore (NUS), ViSenze develops cutting-edge visual recognition solutions to address challenges of the visual web. ViSearch is a powerful cloud based image-to-image search platform that enables users to search for objects in images and videos by using images instead of keywords. The product addresses the fundamental problem that text-based search engines cannot solve when processing images.
"Following our Red Herring Top 100 Asia Award win in August 2014, it is an honour again to be named a winner for the Top 100 Global Award 2014," said Oliver Tan, CEO and Co-founder of ViSenze. "It is a testament to our continuous innovation in the Visual Search & Image Recognition space and recognises us as a fast emerging leader in the global arena. We appreciate Red Herring's recognition of our accomplishments."
ViSenze counts key players like Rakuten, Zalora, Goodrich Global, and Clozette amongst its international clientele today, which also include customers from China, Japan, Taiwan, India, South East Asia and North America.
ViSenze was founded by computer vision scientists and tech entrepreneurs with the sole objective of simplifying the visual web. Through cutting-edge R&D based on real world problems, ViSenze develops simple visual search & recognition tools to help businesses - in eCommerce, mCommerce, online display advertising, software development & database management - address challenges of exploding visual content on different digital platforms. ViSenze originates from NExT, a leading research centre jointly established between National University of Singapore (NUS) and Tsinghua University of China. The company, based in Singapore, has previously raised a series A funding round from Rakuten Ventures, Walden International and UOB Venture Management.
About Red Herring
Red Herring is a global media company that unites the world's best high-technology innovators, venture investors and business decision-makers in a variety of forums, including print, online and exclusive events worldwide. Red Herring provides an insider's access to the global innovation economy, identifying new and innovative technology companies and entrepreneurs. Its Red Herring 100 awards for North America, Europe, Asia and Global have recognized more than 5,000 companies in their early stages, including Baidu, Google, eBay and Skype. For more information, please go to: http://www.redherring.com/events/