OnSSI Founders Return, Start Corsight

By: John Honovich, Published on May 25, 2020

The OnSSI founders are back, less than 2 years after selling OnSSI to Qognify, they have returned to Corsight, a spin-out of an Israeli AI developer that has raised over $60 million in the past decade.

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Inside this note, based on speaking with Corsight co-founder Mulli Diamant, we examine their positioning and potential in the crowded AI surveillance / facial recognition market.

*** ***** ******** *** back, **** **** * years ************ ***** ** *******, **** **** ******** to********, * ****-*** ** an ******* ** ********* that *** ****** **** $60 ******* ** *** past ******.

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****** **** ****, ***** on ******** **** ******** co-founder ***** *******, ** examine ***** *********** *** potential ** *** ******* AI ************ / ****** recognition ******.

[***************]

Corsight / ******* ********

*******, ******* ** ****, has****** $**+ *******, ** ******* **:

********** ** **** ********* the ******* ********* ** the ****** ******. *** unsupervised ******** ** ******** mimics *** *** *** brain ********* ***********

**** ********, ******* *** pursued * ****-*** ********, packaging *** **** ********** into ********* *********, **** as:

******** ** ******* *** of ***** ****-****, ******* on ****** ***********. ********** $* ********* ***** ****.

********************

*** ********** ** ******** is * *********** ** the **-***** ********:

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**** * ****** ** Cortica ********** ** ******** and **********.

Facial *********** ***** / ********** ******

******** ** ******* ** delivering ****-*** ****** *********** based ** *******'* ************. The ******** **** ***** are ***** ********** ********* recognizing ***** ***** ******* in ***, ** ****** darkness, *** ** ******* angles:

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************, ******** ****** ** image ************* *** **** work **** **** ***** heavily ******:

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***********, **** ***********, *** demand *** ****** *********** with ***** *** *********

** *** ********* ***** how ******** *** *** well **** ***** **** against ****** *********. ** do **** ** **** Corsight ***** **** ****.

Partner **** *****

******** **** ** ******* facial *********** / ***** analytics ****, *** *** software, *** *******. *** company **** **** *** already ******* ** ************ with ****** ***** **** Genetec *** *********.

Fever ****** ***********

***** ******** ** *** selling ***** *******, **** are ******** *********** *** a ****** *********** ******** service ** ****** ** someone *** ********** *** a '*****' ***** *******, as *** ******* ********* ***** ***-** ********************:

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*** ******** *** (*) if *** ***** ****** erroneously ********** * ****** as ****** * ***** and (*) ******* ******** of ******** ****** ***** on ****** ** '*****'. While ******** ********** ********** faces ** '************ ******', tracking ******'* ****** ******* risks ***** *** **** concerns.

Sales / **-**-******

******** **** ****, **** OnSSI, **** *** "***% channel *****". **** *** $5 ******* **** **** have ******, **** *** likely ***** * ***** team ** **** *** offering ********* ***** ** their ******** ******** *************.

*******

******* **** ** ~$*,*** per ****** *** **** which ** ** *** high-end ** ****** *********** pricing, ******* ** *********. Corsight **** **** ***** also ***** ********* *********.

Anyvision **********

********'* ******* ********** ** Anyvision, ***** ***** ****** recognition *****, *******, *** Israeli ************. ******** **** their ******* ********** ****** higher *********** **** ******** though ***** ** **** not *** ****** ********, we ****** *****.

*** ***** ********** ******* the *** ** ************* ******** *** **** in ** ******* ($**+ million)**** ********. ***** ********* scaled ***** ***** ** at *****, **** ********* ********* ***** *******.

OnSSI **********

* *** ********* ** Corsight ** ***** ** that *** **** *****,***** ******** ** ************ *** **** ********** while ********* **** ******* a ******** ** ********* directly ******* *****, ************* undercutting *****,******* ** *** ********* winning * ******* ******* OnSSI. ** *** ****** that ******* ** ******** involved *** **** *** directly ******* ******* ********, Corsight **** **** * better ********. *******, ** is *** ***** ** Cortica / ******** **** gain * ********* ********* position ** ****** *********** as ********* *** **** in ***.

Outlook ********

******** **** *** **** to ******* ** *** face ** * *********** economic *********** *** ****** for ****** ***********. ** are ********* ***** *** potential *** ******** **** facial *********** ********* ** it ** ********* ** sell ** ********* ***-** to ***** ************ *******. Moreover, **** *********** (******* from ********* ** *******) are *********** ********* ****** recognition *** ****. **** offerings *** ** *************** inferior *** ** * far **** ********** *****.

Vote / ****

Comments (18)

*'* **** ** ****** any ********* *** *** have

**** ** ******* - Corsight ** ** ** New ******, ** **** the *&* ****** ** Israel.

*** *** ** *** same ****** ** *****? I **** *** *** the **** *****.

***** ***** ** ** NY

***** ***** ** ** NY *** **, *** the ***** ****** ** on *** ** ****

******** ****** ***** ****** 8+9 *** ***** ******** integration...

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***** ** ** ***** River, **.

**** *** ***** *** NJ ***** **** (**** NY) *** *** *** in ********, **

***** ***** ** ** NY. * **** ***'* reside ** * ******.

****** **** ***.

*** ******* **** **** are ******* ******* ** integrations **** ****** ***** like ******* *** *********.

*** ***** *** * Qognify ***********?

**** **** **** **** VMSes **** *****, **...

* ***'* ****** **** a ********, *** * do **** * ******* since ** ******* *** founders *** *******.

** ******* ** **** as ******* **** ***** very ******* **** * number ** ******* ** that *** *** ******* that ** ***** ******** in ***** ***** **** a **** ***, ***'** not ***** ** ******* on * ***** (** even ******) ***** ******* highly-functional ************ ** *** major *** *********. ** the *** ** *** day, *** *** **** companies *** ********* ******** about *** **** ***** product ** *** **** don't ***** **** **** these ************ ** *** people ** *** ****, but **** **, ** my *******, * ******** pipe *****. *** *** have *** ******** ******* on *** ******, *** if ****** *** ***** organizations ***'* *** *** they *** *** ***** products **** ***** ******** programs, ***'** *** ***** to **** ******* ******* them ** ***** *************.

***********, ** **** ***** about **** ***** "******-**********" was *********** ** ****. Just ****** **** *** have ** *********** ***'* going ** ** **********. The *********** ***** ** actually************* *** ******** ** a *** **** ** functional *** *** *****. It ******, ** ******* as ********, **** **** like ***** *** ******** itself, ****** **** *** added ******** **** *** product ******.

*'* ****** **** ** see **** ****** ****'** already ******* ** ************ to ********* *** *******. Hopefully **** **** ** "highly-functional" ************ **** * mentioned *****. **** **** have *** ************ *********, I'll ** ******* ** see *** ******* ***** hand.

*** **** **** ******. I ** ******* ** see *** ******** **** the ********. * *****, 2 **** ***** *** still ** ********. ****** are *******.

****** *** ** ******** below ** *** *********** concerns. ** ** * must ** *** **** as ****. ** ** high ** *** ****** yet ** ** * process ****** ** ******** and ******. ** ** # * ******** ** the ********, ******** ****** is ** **, *** in ***** ***** **.

********** *** ********, ***** -- ******* ******* ** seeing *** ******* ****!

** *** **** ** even *********** ******** *** when ***** ************ *** be *********? * ********* won't **** *** ** it, *** **** ******* if ***'** *** ****** along **** *** *** give * ***** ****. Thanks!

****, * *** ***** to ***** ******* *** got ***********, *** ***** responded ******* ***** ** original *******, ******** ** didn't ******* ******** ** the ******* ** ** didn't **** ** **-****.

****** .... * **** the *********** ** **** comment! *** ** *** most *********** ****** * constantly ********** ***** **** years ** **** ******** automation *** ******** *********** is *** ********** ******* a ******/************ ****** ***** solution "***" ** ********* versus ****** ***** ******** "DOES" ** *********.

* **** ****** **** a ****** ** ******* manufacturers **** *** ***** that **** ****** ** novel ********* *** ***** often *** **** ***** a ******* ******* ** integration ********** **** *** only **** *****, *** was ***** ** ******* need *** **** ** reach *** ******* **** were *********. ** ****'* reply **** ***** ******** "CAN" ** **, ** was ******* * **** of *** ******* *** yet ********, *** ***** tested.

*** **** ** ** these *** ******** ** the ***** *********, **, personal **** *********, ******* detection, **** *********, take **** ****> ** ensure **** ***** ********* are ** ***** ** the **** ** *********** with *** ***** *** or ****** ******* ******* that *** ***** ****. Those **** *** "***" do ********* **** ** overshadowed ** ***** **** "DOES" ** *********.

* ***** **** ** one ** *** **** pluses ** ** **** more ******** ********* ****** from ** ********* ******* the *********** ******** ******** industry ** **** *** interoperability *** ***-***** *********** is ******** *** ******, versus *** *********** ******** manufacturer ***** ****** *** strong "*** ******** ****' syndrome.

* ***** *** ***** with *** ****. *** of *** ******** ** spending ***** ** *** security ******** ** *** understanding **** *** *** always **** ** *** solution, *** *** ********* of *** ********. ** are **** ** ***** value ** *** ******** team ** ********* * tool **** *** ********* people **** ** **** challenging **********. ** **** help *** ** ******* your ******** (** **** new) ******** ******, ***** the **** ** *** product.

** *** **** **** get ******* ****** ******* again, ****** **** ****** a ****** ******** **** survives ********** ******, ** antifragile *** ******** ** all ****** *** **** on *** *****, **********, integrations *** *********. * wish **** *** ****, let's *** ***** **** are ** * ****, 2 ****, * ****.

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