AI News, Forbes AI 50 artificial intelligence

The Bright Spot

Forbes recognized us for our work leveraging AI to solve for the inherent problems afflicting one of the world’s largest and most critical industries – manufacturing.

We’ve amassed an impressive team of experienced manufacturing vets, robotics and hardware experts, and software leaders specialized in machine learning, computer vision and product assembly.

 We’ve expanded our customer work to nearly 30 production lines around the globe, introduced the world’s first software-defined microfactory and opened a Seattle outpost alongside our development centers in San Francisco and Tel Aviv.

Socure Recognized as One of America’s Most Promising Artificial Intelligence Companies in Forbes’ AI 50 List

NEW YORK--(BUSINESS WIRE)--Socure, a leader in high-assurance digital identity verification, today announced that Forbes, a leading business publication defining the voice of entrepreneurial capitalism, has named Socure one of America’s most promising artificial intelligence companies in its Forbes’ AI 50 list.

Socure’s AI-driven ID+ identity verification platform helps banks, fintechs and other financial services organizations drastically reduce third-party identity fraud by evaluating data from hundreds of online and offline data sources such as credit bureaus, carrier phone records, IP addresses, and social networks.

Socure’s digital identity verification solutions continue to displace legacy systems at consumer-facing organizations across the U.S. In 2018, the company’s revenue grew more than 300 percent year-over-year, fueled by increasing demand for its analytics-based platform.

Socure’s customers include seven of the nine largest U.S. banks, six of the top 10 U.S. card issuers, two of the top five global remittance providers, a top five online retailer, as well as leading digital banks, lenders and insurers across the U.S.

The inaugural Forbes’ AI 50 list spans healthcare, transportation, security, insurance and more to present a list of private, U.S.-based companies that are wielding some subset of artificial intelligence in a meaningful way and demonstrating real business potential from doing so.

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Artificial intelligence is infiltrating every industry, allowing vehicles to navigate without drivers, assisting doctors with medical diagnoses, and mimicking the way humans speak.

Blue Hexagon Named to Forbes AI 50 List

SUNNYVALE, Cailf.--(BUSINESS WIRE)--Blue Hexagon, a deep learning and cybersecurity pioneer, announced it has earned a spot on the coveted Forbes AI 50 list.

As one of America’s most promising artificial intelligence (AI) companies, Blue Hexagon is the only cybersecurity company that relies on deep learning (a subfield of artificial intelligence) 100% of the time for instant, real-time cyber threat detection.

The company’s advanced network threat protection platform detects known and unknown threats in less than a second and at 10G wire speed performance, setting a new standard for cyber defense.

Last month, Blue Hexagon announced another industry first: the ability to detect and stop--in real-time--both known and unknown threats hidden within encrypted SSL traffic, giving security teams new visibility into threats without compromising privacy, confidentiality, or network performance.

The Forbes AI 50 spans healthcare, transportation, security, insurance, and more to present a list of private, U.S.-based companies that are wielding one of the subsets of artificial intelligence in a meaningful way and demonstrating real business potential from doing so.

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