Sailing Capital International led the facial recognition technology provider's latest funding, which follows a $120m Dalian Wanda-backed round in December.
SenseTime, a China-based facial recognition technology developer backed by real estate conglomerate Dalian Wanda Group, has raised $60m in new funding, China Money Network reported yesterday.
The round was led by Sailing Capital International, a private equity fund launched by state-owned financial holding group Shanghai International Group.
SenseTime specialises in deep learning technology that can recognise faces with a high degree of accuracy but also provides text, vehicle and image recognition services to corporate customers.
The company supplies services to…
