PIcture Recognition Startup Riya Captures $15M

The much-hyped (Google-buyout target rumor etc) facial recognition startup Riya has received a $15-million second round of venture funding from Bay Partners as well as early investors Leapfrog Ventures, BlueRun Ventures, and Josh Kopelman. Prior to this, Redwood City, CA-based Riya closed a $4-million first round during March 2004.

Review of Riya, from TechCrunch: Riya leverages potent facial and text recognition technology with an intelligent interface to help people make sense of the thousands of untitled and untagged photos that are building up on their hard drives.

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