AnyClip snaps up $47M for its video search and analytics technology – TechCrunch
Video is, quite literally, what gets the world moving online these days, expected to account for 82% of all IP traffic this year. Today a startup that has built a set of tools to help better parse, index and ultimately discover that trove of content is announcing a big round of funding to expand its business after seeing 600% growth in the last year. AnyClip -- which combines artificial intelligence with more standard search tools to provide better video analytics for content providers to improve how those videos can be used and viewed -- has raised $47 million, money that it will be using to build out its platform and where it can be applied. The funding is being led by JVP, with La Maison, Bank Mizrahi and internal investors also participating. The company is not officially disclosing its valuation but has raised $70 million to date and I understand from reliable sources that it is around $300 million.
May-25-2021, 07:15:08 GMT
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