{"id":742,"date":"2016-06-04T17:02:56","date_gmt":"2016-06-04T14:02:56","guid":{"rendered":"https:\/\/imagga.com\/blog\/?p=742"},"modified":"2019-06-06T16:04:58","modified_gmt":"2019-06-06T13:04:58","slug":"2015-recap-growth","status":"publish","type":"post","link":"https:\/\/imagga.com\/blog\/2015-recap-growth\/","title":{"rendered":"2015 Recap: Growth"},"content":{"rendered":"

2015 is over and it\u2019s time to do a recap of the year and remember the good and the bad. It was a joyful and at the same time a challenging year, but there is one word that resonates in everyone from the Imagga family – GROWTH.<\/p>\n

#1 Self-service Cloud API Growth<\/h6>\n

\"Imagga<\/p>\n

It\u2019s been amazing to see our self-service cloud API customer base grow significantly. Lots of exciting practical applications were developed using Imagga API, but we also saw some really cool and funny apps developed with our tagging technology – application that recognizes hipsters and only lets them into a bar, automated sorting of hotel images<\/a>, powerful user profiling to empower smart car selection process<\/a> and many, many more.<\/p>\n

#2 Big Enterprise Customers in US, EU and Asia<\/h6>\n

\"KIA<\/p>\n

It\u2019s a different sales channel but the same amazing image recognition technology that helped our enterprise clients better serve their customers. Can\u2019t be more grateful for the trust and the opportunity to work and learn together.<\/p>\n

#3 Great Image Recognition Technology Advancement<\/h6>\n

\"Language<\/p>\n

We worked hard to make the automated image tagging technology more precise and reliable – now we can recognize more objects and concepts and are quite good at it. Scaling up the API to virtually any load that needs to be handled was a major milestone to make sure we can meet our enterprise customers\u2019 demands. Video tagging is in beta and we are excited to mature it with the help of couple of committed customers in the upcoming months. Offering custom training for automated image categorization was another major milestone that we nailed in 2015.\u00a0Recently we added the first versions of our multi-language support<\/a>.<\/p>\n

#4 Team & Advisors<\/h6>\n

\"Imagga<\/p>\n

We\u2019ve put lots of efforts into building up the AI knowledge and motivation of the team. It\u2019s been awesome to add the first female member and we’ll definitely grow that number next year. Team building retreat in the mountains and playing bowling regularly was great fun. LAUNCHub<\/a>, our current investor and Vassil Terziev, angel investor and founder of Telerik<\/a> were vivid supporters and precious advisors on product\u00a0and business strategy decisions.<\/p>\n

#5 Events, Hackathons, Startup Competitions<\/h6>\n
\"Georgi
Georgi Kadrev getting Tech for Big Players Award from HM Felipe VI, King of Spain<\/figcaption><\/figure>\n

Being part of the startup community locally in Sofia, as part of the greater European startup family, is awesome experience. This summer we started Machine Learning meetups in Sofia<\/a> and plan to grow the event in the next year. We\u2019ve also supported multiple hackathons by providing cool prizes and access to the Imagga image recognition API.<\/p>\n

We exhibited at the NVIDIA’s GPU Tech conference in April and met lots of partners and customers there. We are\u00a0selected to present in the 2016 edition of the same conference in April and will be happy to meet there and\u00a0tell you\u00a0about the exciting business applications of machine learning for image recognition and some of the technical challenges we’ve solved along the way.<\/p>\n

Winning South Summit\u2019s award<\/a> for best startup in the Technology for Big Players category in October was a great recognition for us. Our CEO Georgi had the honour to get the award personally from HM Felipe VI, King of Spain.<\/p>\n

Imagga has also been selected as one of the winners of the Balkan Venture Forum in Belgrade, Serbia & The World Summit Award by UN<\/a>.<\/p>\n

In the beginning of December we were selected as one of the 7 companies to take part into inaugural growth program of Google Campus Warsaw – valuable experience with lots of new contacts from the European VC and startup community.<\/p>\n

#6 Partnerships & Networking<\/h6>\n

\"aylien<\/p>\n

Big part of our strategy to spread the word about the awesome\u00a0image recognition technology we\u2019ve developed and make it even more accessible to developers all over the world is through partnerships. We\u2019ve added three more during 2015 – Automatic image categorization and tagging with Imagga<\/a>, AYLIEN<\/a> and OntoText S4<\/a> and are quite excited to help them serve better their clients by adding advanced\u00a0image categorization and tagging to the range of services they offer.<\/p>\n

We\u2019ve also become part of EIT ICT Future Cloud family <\/a>of companies and this opens up lots of new opportunities for business development in Europe and the US.<\/p>\n

#7 Break-even<\/h6>\n

\"Break<\/p>\n

Somebody has said that the best investors in your company are actually your customers. It\u2019s amazing to see so many developers, businesses and enterprises trust Imagga\u2019s API and use it to do things unimaginable before. They help us to reach break-even and continue to grow the company organically.<\/p>\n

We are ready to jump into 2016 with lots of things in the pipeline:<\/p>\n