<s>
Headquartered	O
in	O
Tel	O
Aviv	O
Cortica	B-Application
utilizes	O
unsupervised	B-General_Concept
learning	I-General_Concept
methods	O
to	O
recognize	O
and	O
analyze	O
digital	O
images	O
and	O
video	O
.	O
</s>
<s>
The	O
technology	O
developed	O
by	O
the	O
Cortica	B-Application
team	O
is	O
based	O
on	O
research	O
of	O
the	O
function	O
of	O
the	O
human	O
brain	O
.	O
</s>
<s>
Cortica	B-Application
was	O
founded	O
in	O
2007	O
by	O
Igal	O
Raichelgauz	O
,	O
Karina	O
Odinaev	O
and	O
Yehoshua	O
Zeevi	O
.	O
</s>
<s>
This	O
technology	O
,	O
called	O
Image2Text	B-Application
,	O
is	O
based	O
on	O
the	O
founders’	O
work	O
in	O
digitally	O
replicating	O
cortical	O
neural	O
networks’	O
ability	O
to	O
identify	O
complex	O
patterns	O
within	O
massive	O
quantities	O
of	O
ambiguous	O
and	O
noisy	O
data	O
.	O
</s>
<s>
Cortica	B-Application
’s	O
offerings	O
have	O
application	O
in	O
the	O
automotive	O
industry	O
,	O
media	O
industries	O
,	O
as	O
well	O
as	O
the	O
smart	O
city	O
and	O
medical	O
industries	O
.	O
</s>
<s>
Cortica	B-Application
operates	O
in	O
these	O
high	O
scale	O
industries	O
.	O
</s>
<s>
The	O
company	O
currently	O
employs	O
professionals	O
from	O
many	O
domains	O
including	O
AI	B-Application
researchers	O
as	O
well	O
as	O
veterans	O
of	O
intelligence	O
units	O
within	O
the	O
Israeli	O
Defense	O
Forces	O
.	O
</s>
<s>
CB	O
Insights	O
recently	O
identified	O
Cortica	B-Application
as	O
the	O
number	O
one	O
patent	O
holder	O
among	O
AI	B-Application
companies	O
.	O
</s>
<s>
Cortica	B-Application
is	O
researching	O
to	O
develop	O
a	O
machine-learning	O
driving	O
system	O
which	O
can	O
identify	O
objects	O
and	O
pedestrians	O
.	O
</s>
<s>
Connecting	O
to	O
it	O
,	O
Elon	O
Musk	O
has	O
been	O
rumored	O
to	O
partner	O
with	O
Cortica	B-Application
for	O
his	O
electric	O
car	O
company	O
,	O
Tesla	O
.	O
</s>
<s>
However	O
,	O
Tesla	O
denies	O
it	O
stating	O
that	O
Musk	O
did	O
not	O
discuss	O
a	O
collaboration	O
with	O
artificial	B-Application
intelligence	I-Application
firm	O
Cortica	B-Application
.	O
</s>
<s>
Cortica	B-Application
raised	O
$7	O
million	O
in	O
its	O
Series	O
A	O
funding	O
round	O
,	O
announced	O
in	O
August	O
2012	O
.	O
</s>
<s>
In	O
May	O
2013	O
,	O
it	O
was	O
announced	O
that	O
Cortica	B-Application
had	O
raised	O
$1.5	O
million	O
from	O
Russian	O
firm	O
Mail.ru	O
Group	O
.	O
</s>
<s>
It	O
later	O
transpired	O
that	O
this	O
was	O
a	O
part	O
of	O
Cortica	B-Application
's	O
Series	O
B	O
funding	O
round	O
for	O
$6.4	O
million	O
,	O
announced	O
in	O
June	O
2013	O
.	O
</s>
<s>
In	O
its	O
fourth	O
funding	O
round	O
,	O
Cortica	B-Application
has	O
raised	O
$20	O
million	O
,	O
bringing	O
the	O
total	O
investments	O
to	O
$38	O
million	O
.	O
</s>
<s>
GigaOm	O
listed	O
Cortica	B-Application
as	O
one	O
of	O
the	O
top	O
deep	O
learning	O
startups	O
in	O
a	O
November	O
2013	O
article	O
surveying	O
the	O
field	O
,	O
along	O
with	O
AlchemyAPI	O
,	O
Ersatz	O
,	O
and	O
Semantria	O
.	O
</s>
<s>
Business	O
Insider	O
ranked	O
Cortica	B-Application
as	O
one	O
of	O
the	O
coolest	O
tech	O
companies	O
in	O
Israel	O
.	O
</s>
<s>
CB	O
Insights	O
has	O
identified	O
Cortica	B-Application
as	O
the	O
top	O
patent	O
holding	O
AI	B-Application
company	O
.	O
</s>
