Startup that makes easy-to-use artificial intelligence applications raises $30 million
Clarifai, whose visual recognition software can instantly sort through a travel website's millions of hotel photos, has raised $30 million in a Series B round. The Flatiron-district-based startup plans to use the money to further its development of low-cost and easy-to-use artificial intelligence applications. Silicon Valley stalwart Menlo Ventures led the round, with participation from existing investors, including Union Square Ventures, Lux Capital and Qualcomm Ventures. Founded in 2013, Clarifai has so far raised a total of $41 million. "We've launched new products that move us in this direction of personalizing AI and getting away from this one-size-fits-all approach," said Clarifai founder and CEO Matt Zeiler in an interview.
Oct-26-2016, 22:20:31 GMT
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