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Cross Compass

Company

Owners

Cross Compass Ltd. — the venture capital company founded in 2015. Is engaged in development neural networks and others algorithms machine learning for the purpose of deep analysis data and also technical consulting in the area artificial intelligence.

History

2019: Seiko of Epson took the shares Cross Compass

The Japanese corporation Seiko Epson announced on February 25, 2019 acquisition of stocks of Cross Compass Ltd venture capital company. and beginning cooperation in artificial intelligence. The size of the purchased share block is not specified.

According to Seiko of Epson, rather young company Cross Compass already managed to deserve special reputation among clients from the sector of manufacturing industry thanks to the product Manufacturing-IX (M-IX) — the integrated development environment allowing to implement the AI methods even at the enterprises where there are no specialists of the corresponding profile.

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Use of neural networks for the present is new technology, but it is a natural and long-awaited step in automation of production processes. We are interested in increase in production efficiency and we consider that implementation of methods of artificial intelligence — an important factor for achievement of this purpose. Strengthening business connections with Cross Compass, our company aims at that useful interaction which will stimulate development of new technologies, finding for them practical application — Evgeny Dzhaksimov, the head of the Moscow representative office of Epson said.
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