A rugby league says its streaming bill fell 62% after moving to Eluvio. Behind that number is a simple challenge to the video business: how many copies does one match really need?
The 29-year-old video company survived the appliance era by turning hardware into software. Its next bet is that the meeting nobody rewatched may contain the answer an AI agent needs.
LumiBot (YC W22) builds AI copilots for factories. Its current product uses a camera and computer vision to watch operators' hands during manual assembly, catching mistakes in real time before a defective unit moves down the line. Founded by Aswin Andrison and backed by Y Combinator, Monk's Hill Ventures, Alpha JWC and Goodwater Capital, the company grew out of earlier work automating repetitive back-office and procurement workflows for industrial and e-commerce operators.
IntelliVision is a San Jose-based developer of AI and deep-learning video and audio analytics software for smart cameras. Founded in 2002, its software runs on the edge, on-server and in the cloud to power face detection and recognition, license plate recognition, object detection and classification, intrusion detection, and driver-assistance (ADAS/DMS) systems. Sold primarily to camera makers (ODMs), chipset vendors, security integrators and OEMs, its analytics have shipped in millions of cameras across smart home, smart city, retail, banking/ATM, transportation and automotive markets. The company was acquired by Nortek Security & Control in 2018 and now operates as part of Nice.
TwelveLabs is a San Francisco-based AI company building video-native multimodal foundation models that give machines the ability to see, hear, and understand video the way humans do. Its flagship models - Marengo for embedding and retrieval and Pegasus for video-to-text generation - power enterprise applications in media, government, sports, and security, enabling precise semantic search, summarization, and insight extraction from video at scale. With 30,000+ developers on its platform and backing from NVIDIA, Databricks, Snowflake, and In-Q-Tel, TwelveLabs is becoming the standard infrastructure layer for video intelligence.