Prism Skylabs is a technology company headquartered in San Francisco, California. Using machine learning, Prism Skylabs provides analysis of businesses' CCTV video.
History Prism Skylabs was founded by Steve Russell and Ron Palmeri in July 2011."The Next Level" by Sherleen Mahoney. Retrieved 3/19/2014 It launched as a company in 2011 at the TechCrunch Disrupt event, where it was featured as a finalist in the Startup Battlefield competition. Its investors include Andreessen Horowitz, Anthem Venture Partners, CrunchFund, Data Collective, Expa, Intel Capital, Pacific Partners, Presidio Ventures, Promus, SV Angel, Tomorrow Ventures and Triangle Peak Partners.www.prismskylabs.com The company secured $7.5 million in Series A funding in 2011 and an additional $15 million in Series B funding in October 2013."CCTV analytics firm raises $15m to grow business" by Alex Hern - Retrieved 3/20/2014 As of 2014, the company has about 30 employees."Intel invests $15m in Prism SkyLabs" by Martha Entwistle – Security Systems News - Retrieved 3/20/2014
Product Prism Skylabs' retail web application is cloud-based software that connects to a retailer's existing video surveillance cameras. The software compresses the video data and sends it to cloud servers, where it is analyzed by Prism Skylabs' video analytics technology."The Next Level" by Sherleen Mahoney - Retrieved 3/19/2014 The company sends the analyzed data back to the retailer in the form of statistics and visualizations.www.technologyreview.com To address privacy concerns, the software blurs or completely deletes images of people and replaces them with graphical elements."Startup Scans In-Store Surveillance Footage to Analyze Shoppers' Preferences" by Rebecca Boyle
Prism launched a mobile application in 2016, Vision, which allows users to search for the presence of specific objects and content within video using tags powered by neural networks.
Through Prism Skylabs, firms may be able to analyze long-term trends, such as number of customers, check-out queue lengths, foot traffic patterns, dwell time, and the most popular products in a store."Secrets to Scoring Big Holiday Shopping Deals Revealed" , segment on Good Morning America Retailers use this information to improve merchandising, store layout, customer service efforts, and operational efficiencies."Surveillance Video Becomes a Tool for Studying Customers" by Tom Simonite. Retrieved 3/19/2014
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