Clarifai Raises $60M in Series C Funding

Clarifai, a NYC-based AI platform for unstructured image, video, text, and audio data, raised $60M in Series C funding.

The round, which brings the company’s total funding to $100m, was led by led by New Enterprise Associates (NEA), with participation from existing investors Menlo Ventures, Union Square Ventures, Lux Capital, LDV Capital, Corazon Capital, NYU Innovation Venture Fund, and new investors CPP Investments, NextEquity Partners, SineWave Ventures and Trousdale Capital. In conjunction with the funding, Andrew Schoen, Partner at NEA, will join Clarifai’s board.

The company intends yo use them funds to expand its sales, marketing, and engineering teams.

Led by Dr. Matthew Zeiler, founder and CEO, Clarifai provides an AI lifecycle platform for modeling unstructured image, video, text, and audio data. It helps both public sector and enterprise customers solve complex use cases through object classification, detection, tracking, geolocation, visual search, and natural language processing. Clarifai offers on-premise, cloud, bare-metal and classified deployments. Clarifai has expanded beyond Computer Vision and launched essential new capabilities for Natural Language Processing, Audio Recognition, and multiple new products, including Spacetime Search, Scribe Automated Data Labeling, and Flare Edge AI.

Clarifai is headquartered in New York City with more than 100 employees and offices in New York City, San Francisco, Washington, D.C., and Tallinn, Estonia.

FinSMEs

18/10/2021