Global law firm White & Case LLP has advised lead investors SoftBank and Eldridge in their successful funding of US$235 million in AnyVision, one of the largest-ever funding rounds in facial recognition software.
Proceeds from the funding round will accelerate AnyVision's product innovation in edge computing and Access Point AI used to optimize touchless access control, video surveillance and watchlist alerting. This same platform will drive operational insights including occupancy analytics, people counting and dwell times, as well as flag potentially dangerous behavior.
The White & Case team that advised on the transaction was led by partner Tali Sealman (M&A) in Silicon Valley, and included partner Daniel Turgel and associate Elena Ruggiu in London and associates Gabrielle Hodgson and Joshua Butler (M&A) in Silicon Valley, partners Karalyn Mildorf and Farhad Jalinous (CFIUS) in Washington, DC, partner Arlene Arin Hahn (Intellectual Property) and associate Nashel Jung (M&A) in New York.
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