Startups

Scape Technologies grabbed $8 million to allow machines to visually understand its surroundings

Scape Technologies grabbed $8 million to allow machines to visually understand its surroundings
Scape Technologies grabbed $8 million to allow machines to visually understand its surroundings

Scape Technologies, which is basically a London based startup has made a name for itself in the market because of its computer vision technology. This company became so much popular that it absolutely found no problem in raising $8 million in funding. This funding was received by the company to simply work on their technology and also to increase their team of employees.

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This company is planning to launch its first Visual Positioning Service, which basically lets all the developers build different apps that require developers to locate the accuracy far beyond the capabilities of a simple GPS. The technology that is designed by the company is very new and people have not heard about it in the market.

More and more people are curious about this technology because this will help to change the way people develop the app. According to an app developer:

“The work that Scape Technologies is doing is unique. Once they come up with their technology in the market, it will help out a lot of people like us who develop apps. This will be a big revolution in the whole app development industry.”

The main target of this technology now is augmented reality and this technology will also come in handy with the power apps in mobility, logistics and also robotics. Scape Technologies basically now wants to enable different types of machines and a camera so that the app is able to have a clear understanding of the surroundings.

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A lot of people have also shown their concern over this application. One of the people have said on a social media platform:

 “Companies like this have caused a breach of privacy over the years. It is not safe for people like us to be tracked at all points of time.”

The co-founder and chief executing officer of Scape Technologies Edward Miller have said that this is safer for people because the data will not be given out to any other companies. All the data of the users will be kept secure. This is also a step towards protecting the security of users. The company is sure that this technology will be able to bring big changes in the market and it will make the life of the application developers much easier.

About the author

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Charles Scalfani

Reporter

Charles is a junior content writer at TechRazr. He likes to write about the latest emerging startups in the tech world. Apart from this, he is also a Programmer, photographer, and filmmaker.

To get in touch with Charles for news reports he published you can email him on [email protected] or reach him out in social media linked below.

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