Loom.ai Secures $3M Seed Round From Samsung Venture Investment Corporation

SAN FRANCISCO--(BUSINESS WIRE)--Loom.ai, the provider of best-in-class mobile solutions for building and animating personalized, 3D avatars at scale, today announced a $3M seed investment from Samsung Venture Investment Corporation. The new funding will be used to fuel recruiting, additional partnerships and the continued development of its fully embedded SDK solution. "We are incredibly proud of our partnership with Samsung Venture Investment Corporation. This strategic investment represents an important step in our growth as a company," said Mahesh Ramasubramanian, co-founder and CEO of Loom.ai. "We will immediately ramp up our recruitment efforts to attract the world's top talent in deep learning and computer vision to join our journey. Augmented Reality experiences built with Loom.ai's personalized 3D avatars will unlock new mediums of communication, entertainment, and e-commerce."