[ SenseTime raises $410M in Series B ]

SenseTime has raised $410 million in Series B funding.

Founded in 2014, SenseTime develops an Artificial Intelligence platform that helps to learn through text, vehicle and image recognition.

SenseTime says its face recognition technology has an error rate below one in 100,000. It also provides text, vehicle and image recognition to mobile Internet companies, financial services and security companies.

Funding  Series B
Founded  2014
Country  China
City  Hong Kong, Hong Kong Island
Founder / CEO  Li Xu
Deal Size  $410M
Investors  Infore Group
 IDG Capital Partners
 Sailing Capital
 CDH Investments
 StarVC
 WANDA Group
 Co-Stone Capital
 CICC
 China Merchants Securities
 TCL Capital
 Zhongping Guoyu Asset Management
 Advantech Capital
 Everbright-IDG Industrial Fund
 Morningside Venture Capital
 Huarong International Financial Holdings
Previous Investors  /