Videntifier, an Icelandic developer of video identification solutions, has chosen Lithuania as the innovation hub for developing its groundbreaking vector library technology. The company has announced plans to expand its Lithuanian operations, adding positions for software engineers at Videntifier’s Kaunas office.
“We have had a development hub in Lithuania for seven years and we value the high quality of local engineers,” says Ari Jonsson, CEO of Videntifier. “Therefore, it was no question that we wanted to develop this new technology in Lithuania and expand from there.”
Established in 2008, Videntifier has built a reputation as a leader in visual search and identification technologies. The company specializes in solutions that can seamlessly compare and identify visual content from massive databases of images and videos, as well as identify pictures taken by the same camera device. These capabilities have made Videntifier’s technology invaluable for both content protection and law enforcement applications. The company is currently working with both governmental organizations, such as Interpol, the UK Home Office, and the National Center for Missing and Exploited Children (NCMEC) in the USA, and online service providers, including Meta, TikTok, and other similar platforms.
The company’s expansion in Lithuania will focus on creating a highly scalable vector library structure – a specialized database that organizes and stores data as mathematical vectors in multidimensional space. Videntifier aims to develop a library that can store tens or even hundreds of billions of vectors while maintaining fast performance when adding or retrieving data. This technology is becoming increasingly vital as generative AI expands. It can enable AI systems to store context from millions of interactions, learn massive numbers of concepts, and connect different types of information together.
Videntifier established its first mainland European presence in Vilnius in 2018 and now operates in both Vilnius and Kaunas. Currently, 4 of the company’s 10 global employees are based in Lithuania, potentially growing to 10-20 people within three years if additional funding is secured. As part of its expansion in Kaunas, Videntifier plans to hire qualified C++ and Python engineers.
Looking ahead, Videntifier plans to connect with universities in Kaunas, providing opportunities for researchers to participate in their development work. The company’s mission is to expand its vector tree structure to build functionality and capacity for generative AI models that don’t exist today, potentially opening new opportunities within the generative AI space.
Source: Invest Lithuania; Photo: A. Aleksandravičius
