Arraiy, a Palo Alto, Calif.-based computer vision and machine learning platform for the motion picture and television industry, raised over $10m in Series A round of funding.
The round was led by Lux Capital and Softbank Ventures, with new participation from Dentsu Ventures and Cherry Tree Investments, and continued participation from IDG Capital and CRCM Ventures. In conjunction with the funding, Shahin Farshchi, partner at Lux Capital, has joined Arraiy’s board of directors.
The company will use the funds to grow its team, scale its product portfolio and accelerate expansion in the professional film market.
Led by Ethan Rublee, Co-founder and CEO, and Dr. Gary Bradski, Co-founder and CTO, Arraiy is building an AI-driven platform for motion picture and television industry players such as studios, industry veterans, and artists, to simplify the production process and deliver visuals for lower costs.
FinSMEs
27/03/2018