Qiming, Innovation Works Lead $22M Series B For Face++

Beijing-based face recognition technology platform Face++ has received US$22 million series B financing from Qiming Venture Partners and Innovation Works, according to the official Weibo account of Kai-Fu Lee, founder of Innovation Works.

The latest financing round reportedly valued the company at US$100 million.

Founded in 2012, Face++ received angel investment from Chinese angel investor Legend Star. In 2013, it received US$1 million series A financing from Innovation Works.

Face++ currently provides face detection, recognition and analysis services to 14,000 mobile apps including some of the world’s largest Internet companies Alibaba Group Holdings and Sina Weibo.

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