CrowdFlower, a San Francisco, CA-based provider of a crowdsourcing service for data scientists, raised $12.5m in Series C financing.
The round was led by Canvas Venture Fund with participation from Bessemer Venture Partners and Trinity Ventures. In conjunction with the funding, Rebecca Lynn, general partner of Canvas, joined CrowdFlower’s board.
The company, which has now raised $28m, intends to use the funds to continue to grow operations.
Founded in 2009 by Lukas Biewald, CEO, CrowdFlower is a data enrichment platform for data scientists to collect, clean and label data to make it useful. The solution automates the management of these online contributors to tackle tasks that require human intelligence – like search relevance tuning, data categorization, image annotation, metadata creation, sentiment analysis, transcription, and de-duplication, to help businesses tackle large quantities of repetitive work to deliver up to seven years of work in a single day. It is used by eBay, Edelman, EventBrite, The Home Depot, VMWare and Venuelabs and others.
FinSMEs
18/09/2014