CrowdComputing Systems (CCS), a New York City-based provider of a SaaS enterprise platform combines artificial intelligence (AI), crowdsourcing and automation to increase data and content productivity for finance, retail and media businesses, raised a $5m Series B round of funding.
iNovia Capital provided the capital, which added to the $2.3m Series A round from RTP Ventures and Greycroft Partners the company had raised in 2011.
CCS intends to use the funds to further expand the team and its product offering.
Led by Max Yankelevich, Founder and CEO, and recently hired Adam Devine VP, Product Marketing and Strategic Partnerships, and Joh Suh, VP, Engineering, the company provides a SaaS enterprise platform that combines machine learning, crowdsourcing and automation to increase data and content productivity for finance, retail and media businesses. Its WorkFusion™ product uses artificial intelligence (AI) to create, manage and optimize an on-demand workforce to perform data and content work at massive scale.
Customers use WorkFusion for recurring knowledge work such as updating records, business listings, structuring data, product categorization and translation.