Hyperconnect
Seoul
About Hyperconnect
Hyperconnect is a global technology company based in Seoul, South Korea, that provides video and AI-powered social discovery products. Hyperconnect’s vision is to power a "Hyperconnected humanity free from loneliness" and its mission is to "connect people through shared interests and creating enjoyment" Hyperconnect is an exciting and fast-growing Korean IT company with a global team of 350+ employees from 20+ nationalities across 7 global offices. Hyperconnect generates 90%+ of its revenue in markets outside of South Korea, recording total sales of 1,689 billion won (US$137 million) in 2019. With its flagship product, Azar, the company pioneered a new era of social discovery as the world’s first app to commercialize WebRTC technology for mobile. Azar revolutionizes the way people make new friends and experience new cultures through a machine learning-powered 1-to-1 video chat interface. Azar is now one of the largest video communication platforms in the world, having generated over 500 million downloads and 90 billion new connections. Azar was ranked fifth in the 'Google Play worldwide non-game app sales ranking in December 2019' and fourth after Tinder, Netflix, and YouTube in 'Europe's total non-game app sales ranking in 2019' (Sensor Tower). Hyperconnect’s video and artificial intelligence technology powered the development of Hyperconnect’s latest hit product, Hakuna Live, a social live streaming service with over 15 million downloads. Hyperconnect’s products are powered by the latest in machine learning-based image and video technology, which creates an exciting and engaging experience for users – while ensuring the highest standards of community safety. Hyperconnect’s in-house technology efforts are amongst the world’s best, having earned Hyperconnect numerous global accolades. In 2020 and 2019, Hyperconnect was accepted at ‘INTERSPEECH’ (an annual conference hosted by the International Voice Communication Association) for research in the field of speech recognition technology. Hyperconnect was also recognized at “ICCV 2019” for its 'Marionette' facial reenactment technology and in 2018 at the "Low Power Image Recognition Challenge (LPIRC)" held at CVPR (Computer Vision Pattern Recognition) for its world class contribution to the field of image processing.
Company Facts
- Operating status: Active
- Company type: For Profit
- IPO status: Private
- Employees: 251 – 500
- Estimated revenue: $50K – $100K
- Total funding: $10.5M
- Funding stage: M&A
- Last round: Series B (Nov 2015)
- Website: hyperconnect.com
- Phone: [email protected]
Industries & Categories
Artificial Intelligence (AI), Machine Learning, Social, Social Network, Video
Social Profiles
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