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Lily Robotics

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This is an old revision of this page, as edited by Daniel kenneth (talk | contribs) at 01:07, 26 June 2016 (Daniel kenneth moved page Draft:Lily (Robotics) to Draft:Lily Robotics, Inc.: Disambiguation). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

  • Comment: Additionally, some sections need updating/rewriting, because it's currently unclear whether the company still exists. Tvx1 18:55, 16 April 2016 (UTC)

Lily Robotics, Inc. is an American robotics company headquartered in San Francisco, California. The company was founded in 2013 in Berkeley, California by UC Berkeley alums Antoine Balaresque and Henry Bradlow. According to Crunchbase..[1], the company raised $1m in seed funding in April 2014.

In May 2015, the company announced the Lily Camera, an autonomous flying camera that combines GPS and computer vision technology to record stills and video of users autonomously via a wearable tracking device. The company received approximately 60 thousand pre-orders for the device[2], collecting over 34 million dollars in pre-sale revenue[3][4].

In December 2015, Lily reportedly closed[5] a Series A funding round of $14m, lead by Spark Capital[6]. Other notable Lily investors are the Stanford-StartX Fund, the DJ Steve Aoki and the former San Francisco 49ers quarterback Joe Montana[7].Additionally, the founders announced that the original February 2016 release date for pre-order customers would be delayed until Summer 2016.[8]

History

Lily was founded in the basement of a Berkeley robotics lab by CEO Antoine Balaresque and CTO Henry Bradlow. As reported to Forbes[9], the idea for Lily's first product, the Lily Camera, came to be in Summer 2013 after Balaresque returned from a family trip to Yosemite and noticed that his mother was missing from all of the photos because she was behind the camera.

The founders began building the team after securing a seed round[10] in Spring 2014 led by Shana Fisher and SV Angel. Since Summer 2015, the company has expanded to employ approximately 50 individuals.

The company will begin shipping pre-orders for the Lily Camera in Summer 2016[11]

The Lily Camera

Lily's flagship product offering, the Lily Camera, is designed to be used as a stand-alone camera. The device has a waterproof rating of IP67. It is built out of black polycarbonate and brushed aluminum, and weighs approximately 2.8 pounds. The Lily Camera contains 7 types of sensors: an accelerometer, a three-axis gryo, a magnetometer, a Barometer, GPS, a front-facing camera, and a bottom-facing camera[12].

The camera captures video with 1080p resolution at 60 frames per second, and 720p at 120 frames per second[13]. The device uses digital image stabilization in lieu of a mechanical gimbal. Using a wearable tracking device, the technology combines GPS and computer vision to locate the user and optically track their features[14]. An internal dampening mechanism facilitates stability alongside the digital gimbal.

Like the Lily Camera itself, the wearable tracker has a waterproof rating of IP67. The tracker contains 5 sensors: an accelerometer, a barometer, GPS, a microphone, and a vibration motor.

References

  1. ^ "Lily | CrunchBase". www.crunchbase.com. Retrieved 2016-04-12.
  2. ^ Buhr, Sarah. "Lily, A Camera Drone That Automatically Follows You, Pulls In A Mountainous $34 Million In Pre-orders". TechCrunch. Retrieved 8 January 2016.
  3. ^ Primack, Dan. "'Flying Camera' Maker Lily Hits Major Sales Milestone". Fortune.
  4. ^ Kulwin, Noah. "Self-Flying Lily Camera Has Booked $34 Million in Pre-Sales in Last Eight Months". Recode. Retrieved 7 January 2016.
  5. ^ Crook, Jordan. "Lily Flying Camera Closes $14M In Funding, Delays Shipping Until Summer 2016". TechCrunch. Retrieved 2016-04-12.
  6. ^ Schubarth, Cromwell. "Lily Robotics raises $14M but won't ship flying cameras until next summer". Silicon Valley Business Journal. Retrieved 18 December 2015.
  7. ^ Wingfield, Nick. "Drone Maker Lily Announces a Product Delay and New Funding". The New York Times. Retrieved 17 December 2015.
  8. ^ "Shipping and Fundraising Update - Lily". Lily. Retrieved 2016-04-12.
  9. ^ Tilley, Aaron. "Lily Is A Self-Flying Drone That Follows You Around And Films You". Forbes. Retrieved 2016-04-12.
  10. ^ "About - Lily". Lily. Retrieved 2016-04-12.
  11. ^ Kolodny, Lora. "Lily Delays Shipping, Reveals $15 Million in Funding for Its Autonomous, Flying Cameras". The Wall Street Journal. Retrieved 17 December 2015.
  12. ^ Findling, Deborah. "Lily: the world's first throw-and-shoot camera". CNBC. CNBC. Retrieved 21 May 2015.
  13. ^ Villas_Boas, Antonio. "This amazing new drone camera follows you around shooting stunning HD footage". Business Insider. Business Insider. Retrieved 13 May 2015.
  14. ^ OConnell, Justin. "Video: Lily Camera is the World's First Throw-and-Shoot Camera". Hacked. Retrieved 27 August 2015.