Saturday, December 22, 2018

3D AI Camera Company Shuts Down

Not everything 3D and AI is automatically successful. Techcrunch, Engadget, and Information report that Lighthouse home security camera company is shutting down. The startup was founded in 2015 and raised $20m. The final product, while working, has been shipped late and costed too much to be successful.

The company CEO Alex Teichman writes: "I am incredibly proud of the groundbreaking work the Lighthouse team accomplished - delivering useful and accessible intelligence for our homes via advanced AI and 3D sensing. Unfortunately, we did not achieve the commercial success we were looking for and will be shutting down operations in the near future."

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