Facial recognition startup Clearview AI ditches sales chief and part of staff – sources

(June 17): Clearview AI cut much of its sales staff this week and parted ways with two of three executives it hired about a year ago, according to people familiar with the matter and online posts, as the high profile facial recognition startup struggles with litigation and tough economic conditions.

The previously unreported departures show instability at the top of the five-year-old company that has taken billions of facial images from the public web and made them viewable by more than 3,000 customers, largely police services.

Clearview chief executive Hoan Ton-That said in a statement that the organizational changes, including “position cuts” and job reassignments, were “to better position it for financial security and growth.”

“The strategy is designed to improve efficiency and reduce operational costs,” he said. He declined to comment on the teams or the number of people involved.

The cuts included personnel who worked with local law enforcement, LinkedIn profiles showed. The company, which had nearly 50 employees in February, has recently targeted app developers and lucrative opportunities with the US federal government.

Clearview has also split with chief revenue officer Chris Metaxas, two sources said. Devesh Ashra, chief strategy officer, took up his post at Credit Suisse last month, according to his LinkedIn profile. Clearview had announced its hires https://www.businesswire.com/news/home/20210518005625/en/Three-New-Faces… in May 2021, and recently removed the two from the company’s “leadership” webpage. ‘company.

Reached by telephone, Metaxas confirmed his departure but declined to comment further. Ashra did not respond to requests for comment.

Ton-Ca said Reuters in an interview in February that he was happy with the management team he had assembled last year.

The last time Clearview said it raised venture capital was in July 2021, closing $30 million in Series B funding.

He presented at an investor conference last month. Rising interest rates and global inflation have slowed investment in technology companies and caused many layoffs.

Clearview agreed in May to settle a privacy lawsuit brought by groups including the American Civil Liberties Union, pledging to end corporate client access to its database of photos collected from the web. audience. The company did not admit its fault.

Clearview has also faced fines around the world for alleged privacy violations related to the scraping of images online without consent.