Dentsu Inc. Ventures, a venture fund managed by Dentsu Inc., has invested in Array, a U.S. company developing an image recognition and machine learning platform for video creators.

The text of the Dentsu Inc. news release distributed on April 3 is as follows.

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April 3, 2018

Dentsu Inc. Ventures, a venture fund managed by Dentsu Inc., has invested in an image recognition and machine learning platform for video creators.

Dentsu Inc. (Headquarters: Minato-ku, Tokyo; President and CEO: Toshihiro Yamamoto) announced that its corporate venture capital fund, "Dentsu Ventures Fund 1 Global" (hereinafter "Dentsu Ventures"), has invested in Arraiy, Inc. (Headquarters: Palo Alto; CEO: Ethan Rublee; hereinafter "Arraiy").

Arraiy, founded in 2016 by Ethan Rublee (current CEO), Gary Bradski (current CTO), and other members with deep expertise in computer vision and machine learning, develops an image recognition and machine learning platform that enables the automatic generation of VFX (visual effects) footage using AI. Using Arraiy's platform, video creators can produce high-quality VFX footage quickly and at low cost.

Dentsu Inc. Ventures believes Array's platform lowers barriers to content creation and contributes to expanding the reach of high-quality content. Going forward, our group will support Array's technology development and business growth in areas such as building business alliances and developing the content-related business ecosystem.

Overviews of Array and Dentsu Inc. Ventures are as follows.

<Arraiy Overview>
Company Name: Arraiy, Inc.
Headquarters: Palo Alto, California, USA
Date Established: April 26, 2016
Representative: Ethan Rublee, CEO
Business Description: Development of computer vision and machine learning platforms
URL:https://www.arraiy.com/

<OVERVIEW of Dentsu Ventures>
Name: Dentsu Ventures Global Fund I
Fund Size: ¥10 billion
Fund Formation Date: April 2015
Operation Period: Planned for 10 years until March 2025
Investment Regions: Global investments including the U.S., Europe, Japan, and Asia
Investment Stage: Primarily seed/early stage, while also including mid/late stage for a broad, balanced investment approach
Investment Areas:
(1) Areas with the potential to transform the broader marketing/communications business
(2) Innovative, high-potential new domains, even if not fitting the above
URL:http://dentsu-v.com/

End