iLenze logo — Innovating e-commerce with advanced visual recognition and s...

iLenze

Innovating e-commerce with advanced visual recognition and smart product recommendations.

Founded 2013 Seed Total: $520.00K E-Commerce, IT +1

General Information

Company Name iLenze
Founded Year 2013
Industries E-Commerce, IT, Machine Learning
Funding Stage Seed
Social

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About iLenze

iLenze is an e-commerce innovator that specializes in advanced visual recognition and smart product recommendations. Founded in 2013 by a team of IIT Kanpur alumni with a strong background in Ecommerce and retail, the company applies computer vision and visual commerce technologies to revolutionize online shopping experiences. By leveraging machine learning, artificial neural networks, and deep learning, iLenze has developed intelligent algorithms capable of understanding and processing images like the human eye. Their cutting-edge technology enables them to identify target objects in complex images, irrespective of background clutter, lighting conditions, and object distances.

The company's recent $500.00K Seed Round investment on 23 September 2015 by Mercatus Capital demonstrates investor confidence in their vision and capabilities. iLenze continues to make significant strides in enhancing e-commerce, mobile, and internet experiences through its visual-based product search, similarity, and recommendations. With a focus on parallel computing and GPU technology, the company can process vast amounts of visual data in real-time, providing users with optimal results by matching their queries to a comprehensive image database.

iLenze operates at the intersection of E-Commerce, IT, and Machine Learning, positioning itself as a formidable player in the rapidly evolving e-commerce landscape. With its robust technological foundation and strong entrepreneurial leadership, iLenze is poised for continued growth and influence in the digital retail space.

Business keywords: Visual recognition, Computer vision, Machine learning, Artificial neural networks, Deep learning, Parallel computing, GPU technology, Retail technology, Consumer behavior analysis, Product recommendations, Internet technology, IIT Kanpur alumni, Innovative technology

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round $500.00K 1
Mercatus Capital
23 Sep 2015
Seed Round $20.00K 1
TLabs
05 May 2014

iLenze Alternatives & Competitors

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iLenze vs
ViSenze
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iLenze vs
Ximilar
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iLenze vs

Outfit and product recommendation software based on images and not (just) text. #visualtechnologies

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FAQ About iLenze

Innovating e-commerce with advanced visual recognition and smart product recommendations.
iLenze was founded in 2013.
iLenze operates in E-Commerce, IT and Machine Learning. Its work centres on Visual recognition, Computer vision, Machine learning and Artificial neural networks.
iLenze has completed 2 funding rounds, raising a total of $520.00K. The latest funding stage is Seed.
Top alternatives and competitors to iLenze include ViSenze, Ximilar, picalike GmbH, DeepGears, Selectika. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
iLenze and ViSenze are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for iLenze, https://bouncewatch.com/company/ilenze, updated 27 December 2024. When citing, please name BounceWatch and link this page.

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