MetaMind Raises $8M in Funding

metamindMetaMind, a Palo Alto, Calif.-based provider of an artificial intelligence (AI) platform, raised $8m in funding.

Backers included Khosla Ventures and Salesforce chairman and CEO Marc Benioff.

Founded in 2014 by CEO Sven Strohband and CTO Richard Socher, MetaMind provides learning software that combines natural language processing and computer vision to solve a broad range of complex data problems enabling automated predictions and accurated decisions in health, finance, customer support, social media analysis.

MetaMind currently works with both Fortune 500 companies, as well as smaller organizations across many industries.
Examples of smart modules publicly available on the MetaMind Labs homepage include:
General Object Classifier: Classify images into thousands of visual categories
Food Classifier: Snap an image of food and the classifier identifies it
Image Classification Made Easy (IcMe): Train your own classifier for any problem and set of categories via “Drag, Drop & Learn” in the web browser
Textual Similarity: Identify and match similar strings of text based on semantic similarity
Sentiment Analysis: Identify positive, neutral or negative sentiment in text or social media (for example on Twitter which is integrated in our demos)
Text Classification (etcML): Train your own classifier on any problem via “Drag, Drop & Learn” in the web browser

The company currently has 10 employees.

FinSMEs

07/12/2014

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