Playbook Acquires CanFY

Playbook

Playbook, a San Francisco, CA-based provider of a visual cloud storage platform, acquired CanFY, a developer of an AI assistant.

The amount of the real was not disclosed.

With the acquisition, Playbook will now provide designers, photographers, videographers and the vendors who support them, with AI capabilities including enhanced image recognition and file management technologies so creators can focus on their craft, free from storage concerns.

Co-founded by Max Kushner and Alex Gaziev, CanFY provides an AI assistant designed to simplify complex data structures, including help center systems and file metadata, for businesses.

Led by CEO Jessica Ko, Playbook provides a visual cloud storage platform built for creatives. It applies modern technologies like image tagging to photos and videos, being able to view files like Pinterest, inviting collaborators at any point of the creative process, with a variety of templates and creative tools. Over 600,000 marketers and designers worldwide use Playbook to manage assets, including design teams at Opendoor, Literati, Blendjet and Stytch. The company has raised a total of $22 million from leading venture capital firms such as Bain Capital Ventures, Founders Fund, Abstract, Maple, Hyphen, and Blank Ventures.

With the acquisition of CanFY, Playbook will integrate advanced AI into the platform, elevating its visual search capabilities. Designers will now be able to issue commands like ‘create a moodboard from my assets’ or ‘find images featuring a fireplace,’ and help users accomplish tasks in seconds. This integration includes features like:

  • Auto-tagging, including videos
  • Facial and custom object recognition
  • Natural language and guided search
  • File organization and mood board creation
  • Plugin recommendations

FinSMEs

07/11/2023