Drishti

Overview
News
Smart Factory?
Product stageSegments
Early
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Equipment and Assembly Line Inspection
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Drishti utilizes computer vision and AI to offer video analytics and video traceability for manual assembly lines. From each workstation on the factory floor, video is streamed into the cloud, where the collected data is processed. This provides operators data (historical and live data, backed by video), accessed via apps, to support decision-making. Using neural networks and AI, worker actions are analyzed to generate warnings if certain actions were missed. This also helps to gain insights on work durations to identify bottlenecks and efficiency improvement points. Drishti was named a Manufacturing Leader by NAM (2021), one of America’s “most promising AI companies” by Forbes (2020) and recognized as a “Technology Pioneer” by the World Economic Forum (2019). Drishti’s technology is utilized by manufacturers such as Ford, Flex, Nissan, and DENSO.

Drishti’s most recent funding round was Series B funding worth USD 25 million in June 2020, led by Sozo Ventures. The funds will be used to expand into factories in North America and gradually globally, including Japan.

In July 2021, the company appointed Gary Jackson (former CEO of early-stage enterprise technology companies including Tempo Software, Codiscope, and Ounce Labs) as its Chief Executive Officer, replacing Dr. Prasad Akella, who founded the company. The new CEO will oversee all operational strategy and execution, leveraging his go-to-market background to accelerate Drishti’s market growth. Meanwhile, founder Dr. Prasad Akella will transition to Chairman of the Board and Chief Strategy Officer.

HQ location:
1975 W. El Camino Real Mountain View CA USA
Founded year:
2017
Employees:
101-250
IPO status:
Private
Total funding:
USD 37.2 mn
Last Funding:
USD 25.0 mn (Series B; Jun 2020)
Last valuation:
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Company profile
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