Computer Vision and AI Solutions Pioneer Spacee Adds Thiel Capital Managing Director, Former PayPal SVP to Advisory Board – dallasinnovates.com
Spacee’s patented computer vision and AI capabilities can provide near real-time analytical data to help retailers with decision making. [Image: Spacee]
Dallas-based Spacee, a provider of computer vision and AI solutions that help businesses drive new insights, improve efficiency, and boost revenue, announced that technology and finance entrepreneur Jack Selby will join its advisory board.
Jack Selby
Selby is managing director of Thiel Capital, managing partner at AZ-VC, and managing partner at High Frequency Entertainment. Thiel Capital is a California-based investment firm founded by billionaire PayPal co-founder Peter Thiel.
Selby was one of the original employees at PayPal. He later served as a corporate officer/senior vice president, overseeing that company’s international and corporate operations.
“I’m very impressed with the team at Spacee and how they’re using computer vision technology to address challenges retailers are facing managing inventory and improving supply chain efficiency while creating more interactive in-store environments,” Selby said in a statement. “I’m excited to jump in and work with Skip and team to bring Spacee technology to more businesses who will be leveraging AI innovation to streamline efficiencies, draw more customers into stores, and ultimately improve their bottom line.”
As an active technology investor and advisor, Selby is involved with notable companies such as SpaceX, Palantir, Affirm, Blend, Offerpad, Myeloid Therapeutics, Kisbee Therapeutics, Resonance Medicine, Paradox, Q Bio, Senzo, Halo, Group Nine Media, Wick Communications and others. He’s also on the advisory board of the Dubai Chamber of Digital Economy.
Skip Howard, Spacee [Photo: Skyler Fike/Dallas Innovates]
“Jack’s experience is invaluable to any technology company,” said Skip Howard, founder and CEO of Spacee. “We’re very fortunate to have Jack as an advisor with his decades of expertise as an entrepreneur working with giants in tech innovation. As we further develop our computer vision solutions and expand our customer footprint, Jack’s guidance and connections within the technology community will be instrumental to Spacee’s growth.”
Spacee’s other advisory board members include Brad Anderson, former CEO of Best Buy; Brad Crutcher, former COO and CEO of Texas Instruments; and Duncan MacFarlane, professor of Electrical Engineering at Southern Methodist University.
Spacee pioneered the use of computer vision in retail in 2017, with the first computer vision-driven interactive in-store experiences. In June, it launched Hovertouch, which offers in-store touchscreen-like experiences without a touchscreen in sight. Spacee leverages computer vision AI to create memorable retail experiences, gather actionable real-time analytical data, and increase supply chain efficiency.
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