Affectiva raises $14M

What does Affectiva do?

Affectiva, is the global leader in emotion recognition software. It provides emotion measurement technologies for understanding how people feel in order to improve experiences and products. This company is an MIT Media Lan spin-off and is the pioneer in emotion recognition technology, which is the next frontier in AI. The company brings emotional intelligence to the digital world by measuring and analyzing emotional facial expressions. The company’s patented software is built on an emotion artificial intelligence platform which uses deep learning and the largest emotion data repository of around 4 M faces analyzed from 75 countries which amounts to over 50 billion emotional data points.

How much Affectiva was funded?

The company raised $14M in Series D on May 25, 2016 from Fenox Venture Capital.

Previous funding

• $2M in Series A on February 1, 2010
• $5.73M in Series B on July 19, 2011 from Myrian Capital
• $500k on June 1, 2012 from National Science Foundation
• $500k on June 1, 2012 from National Science Foundation

What is next for Affectiva?

Affectiva plans to use the latest funding raised for driving the company’s continued innovation in emotion artificial intelligence and for further accelerating rapid growth into global markets.

More about Affectiva

Affectiva was founded in 2009 by Rana el Kaliouby. It has its headquarters in Waltham, MA. This software is used by over 1,400 brands for gathering insight and analytics in customer emotional engagement. The company also provides the tools to developers so that they can add analytics and emotional sensing to their own mobile apps, devices, games, digital experiences and applications.  The company’s emotion recognition technology is used in many different industries including healthcare, online education, robotics, gaming, market research, media and advertising, automotive retail training and coaching, , human resources, video communication, in wearables, experiential design and devices