Deepomatic has announced its first fund raising for EUR 1,2 million from Alven Capital and a group of business angels, including Pierre Valade, co-founder of Sunrise, Jean-Charles Samuelian, co-founder of Expliseat, and several other founders of important media groups.
Deepomatic allows the automatic monetizing of images from web and mobile web media thanks to a deep learning based technologies. By adding a single piece of code in the web or mobiles media sites, the contents are analyzed by algorithms which identify automatically the products appearing on the images.
By combining the specific understanding of the details of the products and the visual comparison of the forms and colors, Deepomatic links these objects with similar or connected e-commerce products. The visitors of the media have now the possibility to find in one mouse click the desired products. Whereas the traditional marketing banner impairs the customer experience, Deepomatic wishes to revolutionize this field by reconciling services for customers and remuneration for media.
August & Debouzy was assisting IGLOO with a team led by Julien Wagmann, partner and Laura Favier regarding the corporate aspects, Philippe Lorentz, partner, regarding the tax aspects and Mahasti Razavi, partner and Coralie Vaissière, regarding the intellectual property aspects.