Safie Inc. announced that it expects to receive ¥970 million in funding from Canon Marketing Japan Inc., The Kansai Electric Power Company, Incorporated, ORIX Corporation, NEC Capital Solutions Limited, T-Gaia Corporation
September 27, 2017
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Safie, Inc. announced that it will receive funding of gross proceeds of ¥970,000,000 from Canon Marketing Japan Inc. (TSE:8060), The Kansai Electric Power Company, Incorporated (TSE:9503), ORIX Corporation (TSE:8591), T-Gaia Corporation (TSE:3738) and a fund managed by NEC Capital Solutions Limited (TSE:8793) on September 28, 2017. The company will receive equity funding through third party capital increase.
Safie Inc is a Japan-based company mainly engaged in the development and operation the cloud recording type video platform Safie. The Company is engaged in the provision of subscription type recording services, video analysis services and cooperation services through Safie, as well as the provision of services via direct sales and sales partners. The services include age-gender attribute analysis services and attendance management services by face recognition technology, services linked with store point of sale (POS) cash register information, number of clients counting services, recorded video distribution services to YouTube, automatic storage and distribution services for fixed-point images and others. The Company is also engaged in the provision of wearable cameras for remote businesses, heavy equipment mounted safety camera systems for construction sites, and linked services between crane cameras and Safie.
Safie Inc. announced that it expects to receive ¥970 million in funding from Canon Marketing Japan Inc., The Kansai Electric Power Company, Incorporated, ORIX Corporation, NEC Capital Solutions Limited, T-Gaia Corporation