China’s APUS Group, with over 510 million global users has acquired Siftr Labs for an undisclosed amount.
Siftr investors, Venture Catalysts has successfully exited the photo-curation platform.
Founded by veterans from Adobe, Qualcomm, and Samsung with significant expertise in machine learning, image processing, and mobile development, Siftr Labs has developed a proprietary Computer Vision Engine that can perform multiple ground-breaking tasks including object identification, facial recognition, age and gender detection, as well as perceiving photo genres with an unrivaled precision.
