Telstra Ventures has picked up a minority stake in Gorilla Technology Group, a developer of software platforms for managing video big data.
The C-round investment from Telstra Ventures will be used to enhance Gorilla Technology’s core Video Big Data & Analytics platform, and strengthen its sales and marketing presence worldwide. The market for video analysis and software-defined video storage across China and Asia-Pacific is growing.
“Gorilla’s video big data and analytics technology can be applied to several of Telstra’s key vertical markets, including retail, security, broadcast and government,” said Spincer Koh, Gorilla Technology Group CEO.
Gorilla’s software enables Telstra’s business customers to convert raw video into searchable data and real-time searchable video cataloguing. Retail, security, broadcast and government industries can utilize Gorilla’s solutions for scheduling and management and its video analytic software solutions in intelligent security and forensics.
“Telstra will integrate Gorilla’s software into Telstra network and resell an integrated solution to enterprise and government customers worldwide through our international connectivity and data centers. Gorilla will also provide storage using Telstra’s Cloud solutions to its customers,” said Telstra International President, Tim Chen.
Gorilla has its research and development facility in Taiwan, serving customers across the regions of Asia, the US, Europe, and the Middle East.
At the NAB 2015 show in Las Vegas in April, Gorilla will announce its broadcast video services on Telstra’s cloud infrastructure. Gorilla will begin showcasing other sector-specific services available via its Video Big Data and Analytics platform on Telstra starting Q3 this year.