Corrigon

Company Overview

Snapshot

Founded in November 2007, Corrigon operates with 1–10 employees. The company raised $2 million across two funding rounds from three investors. Corrigon was acquired by eBay in October 2016.

Business overview

Corrigon Ltd specializes in making images interactive and monitoring product-related web content. The company develops scalable, comprehensive, cost-effective, and user-friendly solutions for content tracking and visual search. Its core technology utilizes advanced image-identification algorithms to locate images, even if modified, and is based on a novel indexing method for fast retrieval and comparison against billions of others in real time. Corrigon serves visual content creators and image suppliers, enabling them to trace and monitor their work across the internet, ensuring proper usage and payment. The company operates within the Media & Entertainment Technologies sector, focusing on digital content distribution, and leverages artificial intelligence, image recognition, and computer vision technologies.

Strategic signal

In October 2016, Corrigon was acquired by eBay, a significant event that validated its visual search engine technology. This acquisition signals a strategic move by a major e-commerce player to integrate advanced image recognition capabilities, highlighting the increasing importance of visual search in online retail and content management. For investors, this demonstrates the commercial viability and strategic value of Corrigon's technology within the broader digital content and e-commerce landscape.

Company Intelligence Q&A

What is Corrigon's primary focus?

Corrigon develops visual search technology that makes images interactive and monitors product-related web content, enabling content creators and image suppliers to track their work online.

When was Corrigon founded?

Corrigon was founded in November 2007.

What was a significant corporate event for Corrigon?

In October 2016, Corrigon was acquired by eBay for less than $30 million, integrating its visual search engine technology into eBay's operations.

How much capital has Corrigon raised?

Corrigon has raised $2 million in total funding across two rounds.

Which investors participated in Corrigon's funding rounds?

Corrigon received funding from thetime in December 2009 and LabOne Innovations in January 2008.