Daily Sabah (Turkey)

DON’T LOSE SHOPPERS

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LOGO Ventures, founded in partnershi­p with Logo Software and Actus Portfolio Management, to support ventures with highgrowth potential made its latest investment - worth $500,000 - in the visitor analytics company V-Count. The company provides services for many brands such as Samsung, Samsonite, Sephora, Lego, Whirlpool and GAP with hardware that collects data in fields like as age, gender, emotion recognitio­n, as well as human counting, queue analysis and intensity analysis, along with a cloud-based business intelligen­ce platform transmitte­d as instantane­ous analysis informatio­n.

V-Count became the second investment of Logo Ventures after Vispera, a technology company that works on image processing, image recognitio­n, statistica­l learning and data mining technologi­es.

INCREASES VALUE

Logo Ventures Managing Partner Cahit Güvensoy said they made their first two investment­s in retail analysis sector. “Logo Ventures wants to help ventures with technologi­cal depth in sectors like B2B, FinTech, and IoT. We can contribute to the increase in value as ‘Smart Money’ continues. Our next target is to support another venture by the end of the year,” he said. V-Count was ranked ninth in this year’s Corporate & Startup Day event, which identifies Turkey’s Top 100 new generation companies. It exports its high technology product to more than 90 countries, including Mauritius, Ecuador, New Caledonia, Vietnam, Qatar, Mexico, Peru, Kenya and the U.S.

In May, V-Count opened its third overseas office in London, after Miami and Dubai.

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