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17 April 2018

Video++ puts more funding in the can

The video intelligence technology provider has raised $56.6m from investors including Alibaba and Megvii and has reportedly reached profitability.

Author: Thierry Heles, Reporter

China-based video technology developer Video++ has secured RMB349m ($55.6m) in a funding round co-led by e-commerce group Alibaba and facial recognition company Megvii, China Money Network reported yesterday.