Olaworks Overview

  • Year Founded
  • 2006

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 60

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $31M

Olaworks General Information

Description

Developer of facial recognition technology. The company was involved in the development of popular Korean smortphone app, Pudding Face Detector. The company has been used by LG Electronics, Pantech and HTC in their smartphones.

Contact Information

Website
www.olaworks.com
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 11th Floor Venture Building
  • Yeoksam 2-Dong
  • Seoul, Gangnam-Gu 70833
  • South Korea
+82
Primary Industry
Multimedia and Design Software
Acquirer
Intel
Vertical(s)
Artificial Intelligence & Machine Learning, TMT, Mobile
Corporate Office
  • 11th Floor Venture Building
  • Yeoksam 2-Dong
  • Seoul, Gangnam-Gu 70833
  • South Korea
+82

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Olaworks Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
2. Merger/Acquisition 17-Apr-2012 $31M Completed Product Development
1. Early Stage VC (Series A) 09-Jan-2007 Completed Product Development
To view Olaworks’s complete valuation and funding history, request access »

Olaworks Patents

  • 14

    Total Documents Applications and Grants

  • Total Patents Families

  • 2

    Granted

  • Pending

  • Expiring in next 12 mo

Olaworks Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20140133743-A1 Method, apparatus and computer readable recording medium for detecting a location of a face feature point using an adaboost learning algorithm Active 27-Sep-2011
EP-2696573-A2 Method for generating a panoramic image, user terminal device, and computer-readable recording medium Inactive 21-Feb-2011
EP-2696573-A4 Method for generating a panoramic image, user terminal device, and computer-readable recording medium Inactive 21-Feb-2011
EP-2674884-A1 Method, system and computer-readable recording medium for adding a new image and information on the new image to an image database Inactive 07-Feb-2011
EP-2674884-A4 Method, system and computer-readable recording medium for adding a new image and information on the new image to an image database Inactive 07-Feb-2011 G06F17/40
To view Olaworks’s complete patent history, request access »

Olaworks Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Majestic Referring Domains

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Olaworks Former Investors (2)

Investor Name Investor Type Holding Investor Since Participating Rounds
Intel Capital Corporate Venture Capital Minority
Skylake Equity Partners PE/Buyout Minority
To view Olaworks’s complete investors history, request access »

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Olaworks FAQs

  • When was Olaworks founded?

    Olaworks was founded in 2006.

  • Where is Olaworks headquartered?

    Olaworks is headquartered in Seoul, South Korea.

  • What is the size of Olaworks?

    Olaworks has 60 total employees.

  • What industry is Olaworks in?

    Olaworks’s primary industry is Multimedia and Design Software.

  • Is Olaworks a private or public company?

    Olaworks is a Private company.

  • What is the current valuation of Olaworks?

    The current valuation of Olaworks is .

  • What is Olaworks’s current revenue?

    The current revenue for Olaworks is .

  • How much funding has Olaworks raised over time?

    Olaworks has raised $4M.

  • Who are Olaworks’s investors?

    Intel Capital and Skylake Equity Partners have invested in Olaworks.

  • When was Olaworks acquired?

    Olaworks was acquired on 17-Apr-2012.

  • Who acquired Olaworks?

    Olaworks was acquired by Intel.

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