Tech Company Financing Transactions
DatologyAI Funding Round
DatologyAI, based in Redwood City, raised $46 million in funding from private investors, Amazon Alexa Fund and Amplify Partners.
Transaction Overview
Company Name
Announced On
5/8/2024
Transaction Type
Venture Equity
Amount
$46,000,000
Round
Undisclosed
Investors
private investors (Lead Investor) (Astasia Myers)
private investors (Lead Investor) (Viv Faga)
Proceeds Purpose
Funding round will enable it to "substantially scale the size of our team," with a particular focus on adding more researchers and engineers to its staff.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
1001 Main St.
Redwood City, CA 94063
USA
Redwood City, CA 94063
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
DatologyAI builds tools to automatically select the best data on which to train deep learning models. Our tools leverage cutting-edge research--much of which we perform ourselves--to identify redundant, noisy, or otherwise harmful data points. The algorithms that power our tools are modality-agnostic--they're not limited to text or images--and don't require labels, making them ideal for realizing the next generation of large deep learning models. Our products allow customers in nearly any vertical to train better models for cheaper.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ari Morcos
Chief Scientific Officer
Matthew Leavitt
Chief Technical Officer
Bogdan Gaza
VP - Administration
Ning Cao
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Where The Data Comes From
We do our best to document every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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