Imaging startup LensBricks raises seed fund

By | April 6, 2015
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Imaging startup LensBricks raises seed funds from ex Infoscians and others recently. The company LensBricks is Silicon Valley based focus on software defined hardware startup. LensBricks aims to democratise imaging for insights.

LensBricks has developed a proprietary camera that can be programmed to address specific needs. The company is early stage venture has developed smart sensing technology for people and their homes where it analyses household activity, comprehends the scene, identifies patterns and informs the user. For ex: LensBricks system triggers an alarm and sends alerts to user’s mobile phone when a stranger is in the house. The system is intelligent enough to record memorable events and can be used as evidence.

The Bengaluru and Boston based company was founded in 2014 by Pranav Mishra, Ramesh Rasker and Rajeswari Kannan. There vast experience in combining camera hardware, software and cloud to spawn new forms of imaging and unique visual experiences to the market.

 

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Rajeswari Kannan is the co founder and Chief Executive Officer of LensBricks Inc. She has graduated in Bachelor of Engineer in Computer Science from Amravati University. She did her Master’s of Science in Computer Science from Birla Institute of Technology and Science (BITS), Pilani.

Rajeswari had numerous patents registered in her name issued in various years in India and The US. She started her career in 2001 as software engineer in embedded systems in IES Technologies; she worked on microchip and micro controllers. She worked almost 2 years in the company and moved as Senior Software Development Engineer in Emuzed India of Aricent. She worked on multimedia and automation domains in the company.

In 2007 Rajeswari joined Nokia as Team Lead and handled several positions varying from research leader to department head in Nokia. Her stint in Nokia revolved around various technologies such as imaging, video services, multimedia solutions, multi media algorithms. In 2014 she founded LensBricks Inc.

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Pranav Mishra is the chief architect and Co founder of LensBricks Inc. He has dual degree in Electrical, Electronics and Communications Engineering from Indian Institute of Technology, Bombay in 2002.

He has few patents registered in the US and published articles like “An efficient red eye reduction technique.” Like Rajeswari, Pranav has worked in Nokia for long time. He started his career as Consultant in Analog Devices in 2002 and he worked till January 2006. Pranav was responsible for developing video algorithms on Blackfin DSP.



In Feb 2006 he joined as Senior Engineer in AMD and was in charge of developing audio algorithms to provide hardware acceleration. He worked in AMD till October 2007 and joined Nokia as Technical Lead. He was responsible for developing video codecs for several ARM platforms which was deployed across platforms for several Nokia products. He held various roles in Nokia from Technical Lead to Principal Researcher in Nokia. Pranav developed in the architecture of Face Recognition Algorithm and several other imaging algorithms for multiple platforms.

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Raman Raskar is another co founder of LensBricks Inc. He has graduated in Bachelor of Technology in Electronics and Telecommunication in Pune Engineering College in 1991. He has done PhD in Computer Science from University of North Carolina in 2002.

He’s been honoured with MIT Technology Review’s Top 100 Innovators under 35 in 2004, Global Indus Technovator Award in 2003 and he has bagged Mitsubishi Electric Invention Awards 4 times. Apart from these awards he’s been awarded Vodafone Foundation Innovation Prize in March 2011.

He holds more than 50 patents in the US and co authoring a book on computational Photography. He started his career in 2002 in Mitsubishi Electric Research Labs. He developed applied research in displays, computer vision, imaging, computer graphics etc. in the company.

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He left Mitsubishi in 2008 and founded EyeNetra. The company has developed a low cost mobile eye diagnostics. The company is trying bringing affordable eye test to everyone using a mobile phone. The company has been with collaborative research at MIT Media Lab to develop and disseminate hardware apps that are affordable and easy to use mobile phone attachments for checkups and recommendation for treatment. He is working as Assistant Profession in MIT Media Labs.



Recently LensBricks Inc received seed funding of $1 million by Exfinity Ventures, Lux Capital and North Bridge Venture Partners and Growth Equity.



Driven by the passion of creating a new type of smart camera, the team is working towards creating a novel product solution that provides unique insights to customers. The team’s decades of collective experience in imaging leaves no one in doubt that they are well on the way towards making a far-reaching impact in the smart home segment,” said Shailesh Ghorpade, managing partner, Exfinity Ventures.

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Exfinity Ventures’s V Balakrishnan commented on the investment “The goal of Exfinity Fund is to back strong promoters having ideas in deep technology space. We have always been quick to identify and collaborate with promoters to further ideas underpinning the latest technology. The recent investment in seed funding LensBricks follows the same pattern.”

“We are thrilled to partner with Exfinity Ventures. Together with North Bridge Venture Partners and Lux Capital, they have participated in seed round for 1 million USD. We are fortunate to leverage their deep understanding of global markets, technology trends and wide networks. It’s great to see India based VC firms like Exfinity forthcoming to invest in consumer hardware product start-ups and technology companies. This is exactly the kind of ecosystem we need to create to nurture innovation and entrepreneurship,” said Rajeswari Kannan of LensBricks after funding.

Exfinity Ventures Partners LLP (earlier known as Reservoir Investment Managers) is a venture capital firm floated by Mohandas Pai and V Balakrishnan, ex employees of Infosys Ltd.  The venture capital’s first fund Exfinity’s first fund, Exfinity Technology Fund – 1 backs starting or early stage ventures in information technology sector. The VC has invested in 4 startups such Mad Street Den, RiverSilica and Virtual Power Systems.



Author: Venu V

i look for minute details, whatever i do. Avid reader, read lot of Hindu mythology, Technology and General news. Extreme foodie and like to taste new types of vegetarian food. Travel a lot, like to explore new places which are not explored by anyone. Participate in adventure sports like river rafting, grappling and hot air ballooning.