IQ Engines, a US-based application to recognise images on phones, has raised $3.8m in its series B round from venture capital firm Third Point Ventures and Motorola Solutions Venture Capital, the corporate venturing unit of the eponymous US-listed telecoms equipment maker.

IQ previously raised $1m in it’s a round in June 2010.

IQ Engines’ image recognition software, VisionIQ, can identify virtually any image or object, label and categorize that object, and enable instant searches for relevant information based on this…

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