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CyberLink Releases FaceMe® TimeClock and Smart Retail, Expands Its Facial Recognition Offering

Leveraging the FaceMe Platform’s APIs, this new generation of applications expands the world’s leading facial recognition engine into targeted use case- or industry-specific solutions

TAIPEI, TAIWAN — June 09, 2022 — CyberLink Corp. (5203.TW), a pioneer of AI and facial recognition technologies, announces the introduction of its first use case-specific solutions designed to augment functionalities, improve accuracy, and boost the performance of error-prone or labor-intensive workflows. FaceMe TimeClock addresses the shortfalls of tracking time and attendance, such as the potential for card swapping or theft and bottlenecks at the beginning and end of workers’ shifts, while automatically and accurately updating attendance records. FaceMe Smart Retail can entirely automate visitor statistics collection and analysis, simultaneously preserving individuals’ anonymity and ensuring other ethical considerations are respected 100% of the time. Both leveraging the FaceMe Platform’s APIs, these ready-to-deploy and easy-to-use cloud-based solutions bring one of the world’s most advanced facial recognition technology into everyday business applications.

Each time an employee comes to work and leaves, FaceMe TimeClock matches a live view of their face to an encrypted template consisting of otherwise unusable facial vectors, accurately tracking their attendance. The solution comes with a complete set of administrative tools to enroll employees, manage databases, and monitor attendance at the group and individual levels. Administrators can check individual attendance reports to understand trends and make more informed decisions. It is a perfect fit for smart offices and factories, retail, hospitality, and more.

FaceMe Smart Retail is an analytics solution that doesn’t identify individuals but uses FaceMe’s ability to measure in-store traffic and estimate key parameters such as age, gender, and facial expression. It aggregates data and enables comprehensive analyses to derive valuable insights on visitors and how to enhance their future experiences. Store owners can access the dashboard, perform analysis, and run reports from any browser. The intuitive interface makes it easy to manage cameras from multiple locations and accommodate deployments of any scale. FaceMe Smart Retail is the ideal tool for operators who care about customer service, especially in the retail and hospitality industry, which thrives on an accurate understanding of visitors’ needs, preferences, and trends.

“Facial recognition is going mainstream. Major improvements in hardware performance and affordability, combined with more precise, AI-powered models, have enabled the technology’s deployment into more valuable use cases while driving society’s fast-growing adoption,” said Dr. Jau Huang, CEO of CyberLink. “We are proud to introduce FaceMe TimeClock and FaceMe Smart Retail, our first use case-specific solutions, to the market and expand the realm of possibilities for facial recognition technology, confirming its invaluable potential.”

About Version 2 Limited
Version 2 Limited is one of the most dynamic IT companies in Asia. The company develops and distributes IT products for Internet and IP-based networks, including communication systems, Internet software, security, network, and media products. Through an extensive network of channels, point of sales, resellers, and partnership companies, Version 2 Limited offers quality products and services which are highly acclaimed in the market. Its customers cover a wide spectrum which include Global 1000 enterprises, regional listed companies, public utilities, Government, a vast number of successful SMEs, and consumers in various Asian cities.

About CyberLink
Founded in 1996, CyberLink Corp. (5203.TW) is the world leader in multimedia software and AI facial recognition technology. CyberLink addresses the demands of consumer, commercial and education markets through a wide range of solutions, covering digital content creation, multimedia playback, video conferencing, live casting, mobile applications and AI facial recognition.  CyberLink has shipped several hundred million copies of its multimedia software and apps, including the award-winning PowerDirector, PhotoDirector, and PowerDVD.  With years of research in the fields of artificial intelligence and facial recognition, CyberLink has developed the FaceMe® Facial Recognition Engine. Powered by deep learning algorithms, FaceMe® delivers the reliable, high-precision, and real-time facial recognition that is critical to AIoT applications such as smart retail, smart security, and surveillance, smart city and smart home. For more information about CyberLink, please visit the official website at www.cyberlink.com

Keepit Secures Debt from Silicon Valley Bank in Partnership with Vækstfonden to Fuel Growth


Funding to support fast growth into new markets and hiring talent
London – 9 June 2022 – Silicon Valley Bank, the financial partner of the innovation economy, has provided a $22.5 million debt financing package to Keepit in partnership with Vaekstfonden. The fresh capital will help fuel further international expansion, hiring, and product development as it continues to scale and build out its market-leading platform for SaaS data protection.

Keepit will use the capital for strategic growth purposes, extend its cash runway ahead of future rounds, and minimize dilution during this strategic growth phase. Keepit will use the debt facilities to support the creation of new services and capabilities as well as new roles within the organization as it grows internationally and adds further market-leading functionality to its product offering.

Founded in 2007 in Copenhagen, Denmark, Keepit is a leader in cloud backup and recovery and the world’s only independent, vendor-neutral cloud dedicated to SaaS data protection with a blockchain-verified solution being sold worldwide. The financing from Silicon Valley Bank follows Keepit’s $30 million Series A funding round in 2020.

Frederik Schouboe, CEO and co-founder of Keepit, commented:

“The support from Silicon Valley Bank and Vaekstfonden is a testament to the strength of our business. The strides we have made in the sector have placed Keepit as a market leader. This additional funding now enables us to accelerate our key strategic plans to help fuel the next phase of growth for Keepit.”

Sebastian Penn, Managing Director of Silicon Valley Bank, Denmark, commented:

“Silicon Valley Bank is delighted to extend its partnership with the outstanding team at Keepit. It is great to see further funding within the Danish innovation economy and Keepit is innovating to support the growth of the broader SaaS ecosystem. We look forward to watching the team continue to grow, build, and scale globally.”

About Version 2 Limited
Version 2 Limited is one of the most dynamic IT companies in Asia. The company develops and distributes IT products for Internet and IP-based networks, including communication systems, Internet software, security, network, and media products. Through an extensive network of channels, point of sales, resellers, and partnership companies, Version 2 Limited offers quality products and services which are highly acclaimed in the market. Its customers cover a wide spectrum which include Global 1000 enterprises, regional listed companies, public utilities, Government, a vast number of successful SMEs, and consumers in various Asian cities.

About Keepit
At Keepit, we believe in a digital future where all software is delivered as a service. Keepit’s mission is to protect data in the cloud Keepit is a software company specializing in Cloud-to-Cloud data backup and recovery. Deriving from +20 year experience in building best-in-class data protection and hosting services, Keepit is pioneering the way to secure and protect cloud data at scale.


About Silicon Valley Bank
Silicon Valley Bank, the bank of the world’s most innovative companies and investors, provides commercial banking services, expertise and insights to the technology, life science and healthcare, private equity and venture capital firms.

Silicon Valley Bank operates in centers of innovation around the world and is one of SVB’s core businesses. With global commercial banking services, Silicon Valley Bank helps address the unique needs of its dynamic, fast-growing, innovative clients.
Visit Silicon Valley Bank’s website to learn more.

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