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CIA-backed Aussie start-up goes to seed funding

CIA-backed Aussie start-up goes to seed funding Share A Sydney-based computer-vision start-up backed by the CIA has closed a multimillion-dollar seed funding round and hired a CEO in Silicon Valley. Visionary Machines, which says it has technology that uses arrays of cameras for 3D spatial sensing that is more accurate and robust than competing technology, raised $7.5 million in a seed funding round led by the local venture capital fund Folklore Ventures, with co-investment by Our Innovation Fund. Amir Mashkoori, the new CEO of Visionary Machines, will stay in San Jose to help the company work with global automotive companies.  Kim White

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