Tag Archives: vr

Montreal Startup Retinad VR Tracks Virtual Reality

Retinad is the leading VR analytics platform for VR/AR and 360 videos. We help marketers, advertisers and creatives measure human behavior in immersive media through head movement.

We sat down with Alexander Haque to talk more about his startup:

Who started the company? Do you / team members have tech background?
Kevin Ouellet is the CTO and Alexander Haque is the CEO. Kevin has 16 years of VR development experience, having build some of the earliest haptic prototypes and experimenting with pre-Oculus headsets. Alex previously founded a company called Igloo, which was a platform for viewing and managing 360 virtual tours in the real estate space.

How are you being financed?
We have received two rounds of financing from angels and investors both locally in Montreal and internationally in Silicon Valley, Japan and New York.

What do you think will be / is a big obstacle to overcome?
The VR industry itself. It has been a slow uptake from a consumer point of view and has thus resulted in us shifting away from being VR-only focused to focusing on the gateway media, 360 video, which can be consumed on smartphones today.

How do you go about finding good developers / IT guys for your company?
Recruiting at meetups and word of mouth from friends.

Who is your biggest competition?
Video platforms already offering VR analytics such as Jaunt or Littlstar — and the VR market itself.

How are you intending on taking your company to million dollars in revenues? In what markets?
We can scale with programmatic advertising and marketing campaigns optimized for 360 distribution. The largest markets for this are the United States and China.

What is the big lesson you’ve learned (success or failure) with this project.
The biggest failure has been not adapting fast enough to external circumstances. The biggest success has been surviving the ups&downs of the VR market. In short: Learning how to never stop moving forward while being punched in the stomach.

Montreal Element AI raises $140m Canadian, largest AI Series A round

Element AI, an artificial intelligence company that delivers groundbreaking AI solutions, announced today it has raised $102M USD, representing the largest Series A funding round for an artificial intelligence company in history.

Element AI is an artificial intelligence solutions provider that gives organizations unparalleled access to cutting-edge technology. Bringing together the best in entrepreneurship, technology and academic ecosystems, Element AI is building an AI-First World to elevate our collective wisdom. Element AI has about 70 employees mostly in their Montreal, Canada office.  They also have employees in Toronto and Quebec City.

Element AI CEO Jean-François Gagné said:

“Artificial Intelligence is a ‘must have’ capability for global companies. Without it, they are competitively impaired if not at grave risk of being obsoleted in place. Seasoned AI investors at DCVC understood this, and supported us to democratize the AI firepower reserved today for only the largest of tech corporations. Intel, Microsoft, and NVIDIA, as pioneers and champions of AI hardware and software, likewise understand that their businesses flourish as every company is empowered with world-class AI. This is why these leaders have backed us with the world’s largest Series A round ever for an artificial intelligence company. This historic round will help Element AI deliver profoundly powerful AI platforms for all, not just the few.”

Interview with Yoshua Bengio @ Shake IT Montreal 2017 about Artificial intelligence and Virtual reality.