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Posts Tagged ‘$30M’

Report: Apple discretely acquired mixed-reality startup Spektral for $30M

10 Oct

According to a report from Fortune, Apple discretely acquired Danish visual effects startup Spektral in December 2017.

Spektral was once named CloudCutout and focused on a cloud-based solution to masking a subject from the background of an photograph. Now, Spektral specializes in masking technology that uses machine learning to separate a subject in an image from the background in real-time on mobile devices. “Combining deep neural networks and spectral graph theory with the computing power of modern GPUs, our engine can process images and video from the camera in real-time (60 fps) directly on the device,” says Spektral on its website.

Neither Apple nor Spektral have confirmed the acquisition, but Fortune reports the deal was worth “more than $ 30 million.”

With no comment, we can’t say for sure what Apple intends to do with Spektral’s intellectual property and personnel, but Spektral Co-Founder and Chief Technical Officer Toke Jansen now lists “Manager, Computational Imaging” as his title at Apple on his LinkedIn profile. Combined with Apple’s ongoing efforts to beef up its augmented reality efforts in its apps — both its own and third-party — it’s safe to assume we’ll see the fruits of the acquisition in the near future, if we haven’t already seen parts of it.

Articles: Digital Photography Review (dpreview.com)

 
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Light raises $30M and provides update on L16 multi-lens camera

08 Jul

Light, the startup that is developing the L16 multi-lens computational camera, has raised $ 30M in venture capital in a series C round of funding led by GV (formerly Google Ventures). The company says it will use the additional funds to scale its global supply chain in order to deal with customer demand.

The company has also announced some changes to the L16’s specification after listening to feedback from its pre-order customers. Many voiced a preference for a wider angle of view at the short end of the zoom range, and the L16 will now provide a 28-150mm optical zoom equivalent instead of the initially announced 35-150mm.

Additionally, the camera will ship with 256GB of built-in memory instead of the 128GB listed in the original specifications. You can see the fully updated L16 specifications here and watch the video below to see how the prototype cameras are being manufactured.

 

Articles: Digital Photography Review (dpreview.com)

 
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