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§ Private Profile · Berkeley, CA, USA
Software development company offering an image recognition platform that tags and organizes photos for mobile and web applications.
IQ Engines has raised $4.8M across 2 funding rounds.
Key people at IQ Engines.
IQ Engines has raised $4.8M in total across 2 funding rounds.
IQ Engines, based in Berkeley, CA, United States, developed the Glow image recognition platform, designed to automatically tag and organize photos by recognizing scenes, objects, landmarks, text, and people for mobile and web applications. The venture-funded software development company secured $1 million in initial funding, notably from Third Point Ventures in October 2011, and operated with a team of between 11 and 50 employees. Key leadership included CEO Gerry Pesavento and CTO David Warland, with Robert Schwartz, a partner at Third Point Ventures, involved as an investor. The platform was designed for easy integration, and the company was subsequently acquired by Yahoo in August 2013. Details regarding IQ Engines' founding year and specific founders are not publicly available. Its business model centers on venture-funded software development and SaaS company.
IQ Engines was an image-recognition startup that built an API and mobile technology to automatically tag and organize photos; it was acquired by Yahoo (Flickr team) in August 2013.[3][1]
High-Level overview
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Quick take & future outlook
If you want, I can: provide a short timeline of funding and product milestones, list known founders/executives with bios, or summarize how IQ Engines’ technology compares to modern image‑recognition providers.
IQ Engines has raised $4.8M across 2 funding rounds. Most recently, it raised $3.8M Series B in June 2012.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jun 25, 2012 | $3.8M Series B | Tony Palcheck, Robert Schwartz | — | Announced |
| Jun 23, 2010 | $1M Series A | — | — | Announced |
Key people at IQ Engines.
IQ Engines has raised $4.8M in total across 2 funding rounds.
IQ Engines's investors include Tony Palcheck, Robert Schwartz.