AI Startup Umbo CV Faces Challenges, Future in Question
AI startup Umbo CV was one of the first of a new generation of cloud AI competitors but the company has struggled, with its headcount down more than half in the past 2 years.
The company's only response to repeated requests from IPVM for comment was to delete a newer company website it has created, creating significant questions about the company's future.
In this note, IPVM examines the path and problems of Umbo CV, recent events, and possible future for the company.
Umbo's ***** ***********
********** *** ***-*****, ******* *** ** *** ***** ** combine *******, *****, *** ** **** a ****** ****** ******, ******* ** but ********* *******.
*** *******'* ******** ********** ***** ****,*** ****-*** *****, ******** ********* ******* **. ****** **** **** ** ****** ***** * ******* ******* *** industry. *** *** *** ***** ********* are ***** ****** ** ******* ** Umbo, ** ********.
*** *******'* **** *&* **** **/*** based ** ******. ** *** ********* in **** *** ** *** ******.
Comparison **** *******
*************'* "***** *******" ***** ********, **** **** * **** ************ approach ** ***** *** *********. **** did *** **** ******* ************ *** did **** **** ** ****** ***** operation ** **** ****** ***** ******* directly ** *** *****. **** ****, where *** **** ****** ******, **** relied **** * **** ************ ******** integrator ***** ********.
****, **** ******* ******* ** *** importance ** ** ********* ******* ******* lead **** ******* **********. ** ******* the ****** ******* ** **** **** received ** *** *****, ********** *** those *** *** ******* ** ******** time *** ****** ** *********** ***** systems *** ******** *** *** ** integrators. ********, ***** ********* **** ******** significantly ** *** **** *** ***** when **** ***** ******* ** *** mid-2010s, **** ******** ******** **** *** as ******.
Funding **********
****** **** ********* **** **** **** they ******** ** ***** ** ***-****, through ***** *** ******* **** ** them **** *** ******* **** *******. The ***** **** ********* **** ******* the *******'* *** ******* ******* **** not *********, **** ***** *** ********* employees ***** ******** ********* ** ************. They *** **** ******* ** **** along ** ***** *************.
**** **** ********* ******* ****** ** job **** *** *** ********* **** helped ******* ** *** ********* ******* with ***** **** *********.
Employee *********
****'* ********* ******* **** **** ** to **** ** ****** ****** ** LinkedIn ** ** *****, ******* *** employee ***** **** *** ********* ** 2021.
***** *** ***** & ********* ********* that **** ****, ** ***** * joined ******* **/****** ******** ** ********* company *******:
******* *** *** ******* ** *** movement.
**** *&* ********* ***** ** ***** technology ******** ** ****** ******** ** AI ********* **** ** ***** ** and ******, ***** ****** ***** ** bigger ***** ********* ******, **** **** Networks, *** ********.
A *** ******* ****
******* **** **** **** ***** ********* funding **** ******* *****, **** ******** with * *** **** - ****** AI, **** * ******* *****, ** the ******* **** *** *******'* ******** shows:
****** ******* ** *** ******* ** available, ********* ******* ****** *** **** ********* **** ********.
** ******** **** ****** ** *** connected ** **** ***** ***** ******* ** *** ****** ********** website **********, ******* *** ***** **** ** the **** **** ******:
*** ******* *********** ** ********* ** the **** ***** ***** *** *** descriptions ** ****'* ******* (********* *** name "**** **"):
*** ******* ***** *** ******* ** having **-** ****** *** * $*.* million *********. *** ******* ******* ****** here ** ****'* *******, *** *** location ** ****'* ******* ** ******.
****** ** *** * *** ******** on **********:
***** *** ****** ********* ** *** ones ************ ** ****'* *******:
**** ** ***** *** *****-***** *********** positions **** ** *********** *** ******** work **********.
*******
***** *** ******* *** *** *********** challenges, *** ******* ***** ** ***** + ** + ******* ** **** valuable *** **** ****, ** ** and ***** ************ **** *******. ******* the ******* *** ******* *** ****** is ******* ** ** *** **** could ** ** ********** *********** *********** for *** ***** *******.
** *** **** ******* ***** *** manufacturers ****-********* *** *****-********** *** ************ in * ****. ** **** ****** does *** *** ********** *** *********** that ******* *** ** ******* **** we **** ** ***** ** *** mess. *********** **** ** **** **** the ****** *** *** **** ** years *** **** *** ***** ****** can ** **** **** ** ****.
****** ***'** **** ******* ***** ************* over-promising *** *****-********** ** **** ****** "Well * ****** ** ********* **** food ***** ** * ***** *** what ** **** ****-******* *** *****-*******?" What ** *** **** ***** *** ate ******** ** *** ** *****?
*** *** ********* ** ******* *** solution ********** ** *** ** ** lives ** ** **** *** ***** person **** ** ** *** ****** assume ********** **** *** ** * lie?
*** **** *** ********** ******* ** for ***** ******** ** *** ********** to **** * ***** *** ***** it ** **** **'* *****. * don't **** *** ** **** *********** are ****-********** *** ****-**********.
* ***** **** * **** ****** testing *** ********. *****'* **** **** shiny *** ******* ** ***** ** be ****** **** **** ** **** major ********* ******.
***** *** ************* **** **** ***** generating ******* ** *** *** **** can ** **** *****, ********** ** what ******* ** *** *****.
*** ************ **** ** ***** ********** before *********** *** ******* ** *** their ********** ** ****.
********:
*****'* ****** ******** ***** ********
******** **** *** $*.* *******, ********* From $*.* ******* ****
**** ** **** **** ** ******* example. * ***** **** * **** camera **** *** * ***** ***.
****, ***** ** * ******* ********** between *********** *** ***********. *** *** eat ** *** ********** **** *** never ** **** ******* *** ******* attached.
*** *** *** *** ***** **** banger ******** *** *** *** ***** with ** ** * ****** ** as ** ********** ***** **** **** unhappy ******* **** * ***** ** bricks -->******* ** * ******* - ******, Rhombus, *** *******.
*** ******** ***** **** **** ***** nothing ***** ******** *** **** ***** about ******* ******* **** *** *******-**** contracts ********?
******* *** **** ****** ** ****** dealers ***** **** *** **** *** company **** ** ****** ** * year.
**** ******* ** *** ****** ******** endorsement ** ******* ****** *** ****** and ****** ** * ******** *’** ever ****.
**** **** * ******* ** ******** in ***** ** ********* ****** “** should **** ****** ******* ** ******* only” **** **** **** *******.
** **** ****** ************* ***'* **** to ***** ********** ** **** **** direct? **** ** ******* ** ***** that ***** ************* ***'* **** ***** the ****** **** *** ***** *** systems *** **** **** ***** ******* them **** *** ******* ********* ********.
* **** ******* ** *** ****.
********* *** ***** ** **** *** fit. ** * ******* *****'* ****, that ******* **** ** *** ** business. **** ******** ****** ** ** extremely ************ ****** *******/*******/****** ("******* **** into *** ******* ********* ********"), ** I ******* *** ******** **** *** more *********** ****/******/******** ********* **** **** rip ********* *** **** ****** ******** instead.
* **** ** *** ******* **** and * *** **** *** ***** is * ****** ***** ********** ** even **** ** *** ************--*** **** adopt ****.
**'** ** **** ***** ********--********** *** integrations ***** **** *** ********* **** our ******* *** ******* ** ********* partners *** **** *** ** **** to **** **********.
******** **** ** ******* ****** ****'** comfortable ******* **** ****'** ******* *** will **** ****** **** ** ***** them *****. **** ** *** *** THE ********.
** * ******* *** ******** **** the **** *********** ****/******/******** ********* **** just *** ********* *** **** ****** licenses *******.
****, ******* *** **** ******* ***** these ******** ******* ****, ******, *** Avigilon ** *** **** ****** ********...***
**'** ** **** ***** ********--********** *** integrations ***** **** *** ********* **** our ******* *** ******* ** ********* partners *** **** *** ** **** to **** **********.
****, **** ** *** *** ** test. * **** *** ** ** all *** ***** **** * **** from *** ************* ***** ** * lot.
* ***** *** *** ** *** the **** * **** **** *** manufacturers **** ** **** ****** ***** 3 *** ** * *** ***** around.
**** ** **** ***** *** *'* love ** *** ********* **. ** our ******* ***'* ** ** *****--*** best ***** *** ***** ** *** us ** **** ** **** *** gaps *** ** ** *** *******.
** ***'** *** *********** ******* ** here (******* *** *** *********** ** I **), ***** **** *** **** your ***** ** ** *********. * appreciate **** ********** *** * ****** we ****** *** ** ** *****.
** *** ** **** ******* *** Axis/Avigilon/Hanwha ****--*********** *** *** *****--****** *** a *** **** *******, ******** *** a *** **** ******* (***** *** want ** ******* ***) *** **** would **** **** ******** ** ******** to *******/*********/***, **** ***** ** ****.
** *** ** **** ******* *** Axis/Avigilon/Hanwha ****--*********** *** *** *****--****** *** a *** **** *******, ******** *** a *** **** ******* (***** *** want ** ******* ***) *** **** would **** **** ******** ** ******** to *******/*********/***, **** ***** ** ****.
***** *** ***** *** ***% *****.
* ***** *** * ***** ******* have **** *******. **** ** *** manufacturer?
* ******* ***** ***** ** ** a *************** ********* *** ********** ***** by ***********. ** *******, *********** **** a ***** ** ******** * *** TCO **** *** **** ****, ***** includes ******* **** ** *******, ***********, and ***** ********** **** *********. * substantial ******* ** ****** ***** ** derived **** ********* **** ********* *********. Given **** ***** *********** *** ****-******, as ** ******** ******* ***** ****** line, ** ** ** ** ** take **** **** ************* **** ******* to ****.
[*/*]
******* ****** ** ***** *********** ** a ****** ********. ***** ** *** a **** ******** *** ******** ****** group ** *** ********—*** **** ** an ******** ***** **********, **, ***.
*********** *** ********—**** **** ***** **** Hanwha/Axis/Avigilon *** *** ***** *** **** systems ***** ***** **** *** ****** money ** *** ******** ********** ** secondary *********.
* ***’* **** ** **** *** this ****, *** * ******* *** average *** ** *** **** ** this **** ** **+, *** ** shows.
*’* *** ****** **** ** ***** for *** ********, *** ** *****’* market *** **** ** **** **** idea ** *** ******** *** **** them **** *** ********** *** **** them **** **** **** *** ******** and *****’* ***** * ****** *** golden *** ********** ** **** ***: “We **** **** ****** ********* **** [insert ******** ****’** **** ***** ***** the ****** ****]”