Israeli visible expertise firm a href=”https://commonground-ai.com/” goal=”new”>CommonGround has emerged from stealth and introduced that it has raised $19 million in a financing spherical led by Matrix Companions, with participation from Grove Ventures and StageOne Ventures
Led by a group of profitable entrepreneurs with three IPOs between them and experience in pc imaginative and prescient, 3D graphics, AI, deep studying, and real-time video compression, the corporate to develop its workforce in engineering, R&D, and cloud structure.
The startup is bringing its superior visible expertise to companies of all sizes to enhance human interplay over digital, improve belief, enhance productiveness, and construct stronger relationships. Digital conferences are a everlasting fixture {of professional} life. However regardless of their ubiquity, CommonGround addresses the necessity to seize the richness of in-person conferences, the place non-verbal cues like physique language and eye contact are important to how we talk.
CommonGround, based mostly in Tel Aviv and Los Altos, was based by serial entrepreneurs Amir Bassan-Eskenazi and Ran Oz who beforehand co-founded the video-networking platform BigBand Networks, which they took public in 2007 earlier than it was acquired in 2011. Previous to BigBand, Oz co-founded digital compression expertise firm Optibase, the place Bassan-Eskenazi served as its COO resulting in its IPO on Nasdaq in 1999. Oz additionally cofounded VCON, the primary firm to introduce video conferencing over IP which held its IPO on France’s Nouveau Marché. Collectively they’ve based eight corporations, with three profitable IPOs, and two acquisitions.
Printed by Globes, Israel enterprise information – en.globes.co.il – on December 30, 2020
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