Tech Company Financing Transactions
Twelve Labs Funding Round
On 10/24/2023, Twelve Labs raised $10 million in investment from Intel Capital, Nventures and Samsung NEXT.
Transaction Overview
Company Name
Announced On
10/24/2023
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to expand operations and its business reach.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
7th Floor, 8, Gangnam-daero 53-gil Seocho-gu
Seoul, Undisclosed
South Korea
Seoul, Undisclosed
South Korea
Phone
Undisclosed
Website
Email Address
Overview
Provider of data collection and distribution platform intended to capture all offline visitor behaviors. The company's platform offers a database that uses computer vision for retailers and brands to collect real insights about customers, enabling users to captures customers' behaviors to improve their revenues.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jaesung Lee
Chief Operating Officer
Dave Chung
Chief Technical Officer
Aiden Lee
Co-Founder
Soyoung Lee
Browse more venture capital transactions:
Prev: 10/24/2023: OnSiteIQ venture capital transaction
Next: 10/24/2023: Preczn venture capital transaction
Share this article
Where The Data Comes From
We do our best to record every notable VC transaction. VC investment data records on this site come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs