US-based cloud surveillance company Eagle Eye Networks today announced it has acquired Bengaluru-based AI surveillance startup Uncanny Vision, accelerating its leadership in providing AI and analytics to make customers’ businesses more efficient and the world a safer place.
With this, Eagle Eye Networks adds advanced AI technology to its cloud video surveillance platform, R&D capabilities, engineering talent, and a new regional office in Bengaluru, India.
Additionally, The US-based company will fold Uncanny Vision into its operations and will retain all its 60 employees to power its Indian operations. It also plans to expand the Bengaluru office, which primarily has employees with technical and engineering expertise, to include sales and administrative staff to support its India operations.
“After evaluating more than a dozen AI companies, we began working with Uncanny Vision in 2020. It didn’t take long for us to conclude that Uncanny Vision is the clear leader in surveillance AI,” said Dean Drako, Eagle Eye Networks CEO. “Their award-winning AI technology is deployed across thousands of locations, including Fortune 500 customers.”
Founded in 2013 by Ranjith Parakkal (CEO) and Navanee Sundaramoorthy (CMO), Uncanny Vision’s deep learning algorithms enable recognition, identification, and prediction, improving business operations, customer service, and site safety.
Currently, its services are being used in Smart parking, Retail analytics, Gate security, Toll automation, Smart cities, ATM monitoring, Worker Safety, and Perimeter security.
“Uncanny Vision’s tools for training, building, and optimizing models, and its infrastructure for managing and storing training data are superior. This is a key component we’re excited to add to the Eagle Eye Networks platform,” Drako adds.
“Eagle Eye is committed to supporting Uncanny Vision’s current customers and will continue to build its global infrastructure to provide the very best 24/7 support to its valued customers around the world,” the US-based company said in a statement.
Additionally, Uncanny Vision co-founders, Ranjith Parakkal and Navaneethan Sundaramoorthy have joined the Eagle Eye leadership team. Speaking on the development, Parakkal said, “We share the Eagle Eye team’s vision to deliver advanced, cyber-secure AI cloud video surveillance offerings that transform video surveillance for businesses around the globe.”