Viewdle Partners with KIT Capital

Mar 25, 2008

Viewdle, Inc., a facial recognition-oriented video search company, announced that it has partnered with KIT Capital, a Dubai-based digital media investment group which recently took a strategic investment position in corporate IPTV enablement company ROO Group. KIT Capital has made an investment in Viewdle and as part of this investment, ROO CEO and KIT Capital managing director, Kaleil Isaza Tuzman, has joined Viewdle's board of directors. Through portfolio company ROO Group, KIT Capital will be responsible for guiding Viewdle's B2B strategy and consumer monetization plan, and in helping to identify and recruit Viewdle's business development team. Viewdle and ROO will also be entering into a strategic agreement, pursuant to which ROO will receive a full-use, exclusive white label license for the Viewdle facial recognition video search technology. ROO will add the Viewdle Engine to ROO's IPTV enablement suite. ROO and Viewdle business development teams will cross-sell each other's services, and eventually ROO's content network of over 1,000 ROO-powered websites will be searchable through the Viewdle Engine.