Kairos, the facial recognition startup that found itself in turmoil following the ouster of founder and then-CEO Brian Brackeen last October, has raised $4 million in funding from E. Jay Saunders, CEO of Domus Semo Sancus. This brings Kairos’s total funding to $17 million. As of November, Kairos had just enough money to get through […]
View More Kairos gets a $4 million lifeline for its facial recognition softwareCategory: kairos
Kairos founder countersues his own company for $10 million
The turmoil continues at facial recognition startup Kairos . Last night, Kairos founder Brian Brackeen filed a counter lawsuit against Kairos and its interim CEO Melissa Doval that seeks $10 million in damages. Kairos is a facial recognition startup that has become well-known for its stance to never sell to law enforcement. At Disrupt SF […]
View More Kairos founder countersues his own company for $10 millionFacial recognition startup Kairos founder continues to fight attempted takeover
There’s some turmoil brewing over at Miami-based facial recognition startup Kairos . Late last month, New World Angels President and Kairos board chairperson Steve O’Hara sent a letter to Kairos founder Brian Brackeen notifying him of his termination from the role of chief executive officer. The termination letter cited willful misconduct as the cause for […]
View More Facial recognition startup Kairos founder continues to fight attempted takeoverUnbiased algorithms can still be problematic
Creating unbiased, accurate algorithms isn’t impossible — it’s just time consuming. “It actually is mathematically possible,” facial recognition startup Kairos CEO Brian Brackeen told me on a panel at TechCrunch Disrupt SF. Algorithms are sets of rules that computers follow in order to solve problems and make decisions about a particular course of action. Whether […]
View More Unbiased algorithms can still be problematicRhino is getting rid of security deposits for rental apartments
Arguably the most frustrating part of renting an apartment, especially in an expensive city like New York, is dealing with the security deposit. One startup wants to make renting easier by getting rid of security deposits, with a solution that is beneficial for both renters and landlords. Here’s how it works: For a monthly fee Rhino provides your landlord with an insurance policy which… Read More
Kairos’ $25M venture fund will invest in ideas that help the middle class
Kairos, the organization for young entrepreneurs founded in 2008 as Kairos Society, has lifted the veil on its first venture fund that it teased earlier this year.
The $25M fund will focus on companies that are working to solve real-world issues facing the middle class in America and abroad. Essentially the fund and its investment thesis is a response to the often heard complaint that while… Read More