Visual intelligence company AnyClip announced today the closing of a new $47 million round of investment, bringing total funding to date to $71 million. The round was led by JVP, with participation from La Maison, Bank Mizrahi and internal investors. Covid-19 lockdowns accelerated video production, dissemination and viewership, driving AnyClip to 600% growth in 2020, according to President and CEO Gil Becker. AnyClip is introducing today the first fully automated and centralized platform for video management, distribution, contextualization and analytics, and monetization, all powered by AI. Understanding video is one of the most challenging problems in AI, primarily because of the lack of data that captures the essence of the video content.

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.