May 29, 2018

Algolux

Ray Cisneros Joins Algolux as Vice President of Global Sales

Montreal, Canada, May 29, 2018 – Algolux Inc., the leading provider of machine learning optimization platforms for autonomous vision, today announced that Ray Cisneros has joined the company as Vice President of Global Sales. He will be responsible for directing overall sales strategy, developing relationships with key accounts, and scaling the organization to accelerate growth and expand into new markets and territories.

Ray brings with him over 25 years of sales and marketing management experience in CMOS image sensors, fiber optics and semiconductors. Most recently, he was Senior Vice President of Worldwide Sales and Marketing at Omnivision, a leading provider of advanced imaging solutions to automotive, industrial and consumer markets. During his 15 years with the company, he was instrumental in growing revenue from $50M to nearly $1.4B in the most recent fiscal year.

“Imaging and vision systems are at the start of an unprecedented period of growth due to more visual intelligence being brought to numerous markets, such as automotive, video surveillance, and mobile,” said Allan Benchetrit, Algolux co-founder and CEO. “We are thrilled to have a sales leader of Ray’s caliber and track record join Algolux. He will be a critical addition to scale our sales organization, expand customer successes, and help drive the company’s strategic direction.”

During a tenure at Omnivision that started in 2002, Ray held several roles in sales management including VP Worldwide Sales and Sales Operations since 2012. Prior to OmniVision, he held various senior management positions in the area of sales and marketing for companies in the fiber optics and semiconductor industries, including Sagitta, Inc., UMC and Novellus Systems, Inc. Earlier in his career, Ray served as a failure analyst and materials engineer at FMC Corporation. He holds a B.S. in Metallurgical Engineering from Illinois Institute of Technology and an M.B.A. from Golden Gate University.

“I am honored and thrilled to join Algolux.  Algolux has developed novel approaches to help its customers scale their imaging systems, whether it be for designing and tuning existing architectures or handling challenging perception use cases” said Mr. Cisneros.  “It’s very apparent that vision systems based on deep neural networks will drive the next wave of imaging solutions that will be a part of our daily experience in end products, such as autonomously driven vehicles, intelligent surveillance systems, intelligent IOT devices and countless other applications. I look forward to building on Algolux’s early market successes.”

 

About Algolux

Algolux enables autonomous vision – empowering vehicles and devices to see more clearly and perceive what cannot be sensed with today’s vision systems. Computer vision is at the heart of autonomous cars, ADAS, mobile devices, security cameras (IoT), AR/VR, robotics, drones, and medical equipment, leading the next wave of market growth and social impact. Developed by a team of machine learning, computer vision, and image processing researchers, our patented deep vision and optimization technologies optimize imaging and vision systems while improving the costs, time-to-market, and expertise challenges faced by product development teams.  Visit us at http://www.algolux.com.

© Copyright 2018 Algolux, Inc. Algolux, the Algolux logo, CRISP, CRISP-ML, CANA, and other designated brands included herein are trademarks of Algolux in the United States and other countries. All other trademarks are the property of their respective owners.

Algolux

Dave Tokic

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