GumGum Secures $22M in Series D Funding


GumGum, a Santa Monica, Calif.-based computer vision and natural language processing company, secured $22m in Series D funding.

Backers included Morgan Stanley Expansion Capital, NEA spinout NewView Capital, and Upfront Ventures.

The company intends to use the funds to continue to expand operations and its business reach.

Led by CEO Phil Schraeder, GumGum is an artificial intelligence company with a focus on computer vision and natural language processing. Since 2008, the company has applied its patented capabilities to serving media-related industries, including advertising and professional sports.



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