Paris based OCUS, the API for Imagery, has announced it has closed a $24M investment led by Ring Capital and joined by A/O PropTech and Expon Capital. OCUS will further invest in product development and engineering while expanding its market presence worldwide.
“OCUS is thrilled to have Expon and A/O PropTech join the board, along with Ring Capital and our historical investors Sofiouest, Evolem and Anaxago,” said Thibaud Lemonnier, Co-founder and CEO. “Their confidence and support in OCUS enable us to continue designing the future of imagery in a fair and scalable way.”
“As long-term partners to OCUS, we are delighted to accompany them in this important development phase, supporting their growth around the world and contributing to the creation of a global champion designing an exhilarating and entirely new category,” said Geoffroy Bragadir and Thomas Marsal from Ring Capital.
OCUS is the technology partner to Google, Radisson, Grubhub, Yemeksepeti and Foodpanda. It has developed an API-first platform augmented with machine learning and image recognition to deliver optimized images which automate and streamline operations for their clients.
“We are excited to partner with OCUS and are impressed with their leading enterprise imagery platform delivering successes with FoodTech and Hospitality customers today. We believe OCUS has the technological strength to scale and service many other industries with state-of-the-art visual content.” – Othmane Zrikem, Chief Data Officer, A/O Proptech
On this operation, OCUS has been advised by EKA Partners, Orrick and Velvet Avocats.
Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.