SINGAPORE: Luxembourg-based Boundary Holding has invested in Singapore-based XRVision – a leading facial recognition and video analytics company. The company is led by globally renowned experts who previously headed large groups at Microsoft, Intel and Avaya.
To represent Boundary Holding in its investment in Singapore, founder Rajat Khare has joined the Board of XRVision. The company would be helping XRVision to enter new markets.
Boundary Holding aims to leverage XRVision’s growing market potential and the high growth of Facial Recognition and Video content analytics market. “We value the potential of XRVision’s AI-based technology in recognizing faces, whilst extracting actionable data to maintain public order, and its ability to expand into various industries to assure safety,” stated Rajat Khare, the founder of Boundary Holding.
XRVision is reimagining security by leveraging cutting-edge Computer Vision & IoT patented technologies coupled with deep domain expertise to address some of the biggest security challenges, which governments and enterprises currently face, specifically (1) securing large number of Stationary & Movable Assets using an always-connected and highly secured IoT Access Control solution and (2) performing Facial Recognition in fully uncontrolled, crowded and in-motion environments at the industry highest accuracy rate.
About Boundary Holding
Boundary Holding is a progressive technology fund that promotes entrepreneurship and invests in early stage/seed stage startups across IOT, Algorithmic trading, Artificial Intelligence and Big data Analytics. Founded by Rajat Khare, the company has a network of startup programs around the world, across different organizations all over the world.
The company aims to fund companies that seek to build sustainable and profitable value propositions right from their inception, led by passionate and driven founders.