Voxel51: Raises $12.5M in Series A Funding

Voxel51 Raises $12.5M in Series A Funding

  • Voxel51, an Ann Arbor, MI-based data-centric machine learning software company, raised $12.5 million in Series A funding
  • Backers included Drive Capital, Top Harvest Capital, Shasta Ventures, and existing investors
  • The round follows the company’s $2.875M Seed round from eLab Ventures, ID Ventures, and the University of Michigan
  • The company intends to use the funds to to expand its diverse team committed to shaping the future of machine learning in roles focused on product, engineering, community, and more
  • Tens of thousands of engineers and scientists have integrated open source FiftyOne into their ML workflows
  • Enterprise customers spanning verticals like automotive, robotics, security, retail, and healthcare rely on FiftyOne Teams to securely collaborate on their datasets and models
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

UniCredit Strengthens Investment in Blockinvest with $4 Million Funding

The Italian bank targets innovation in blockchain technology through this investment.Highlights: UniCredit invests $4 million in Blockinvest to...

DTCC Strengthens Operations by Moving to Public Cloud with AWS and Microsoft

The Depository Trust & Clearing Corporation embraces cloud technology for enhanced services.Highlights: DTCC announces shift to public cloud...

SocGen Introduces Stablecoin for MetaMask Wallet Users

New offering enhances digital asset management for users.Highlights: SocGen's stablecoin is now available for MetaMask users.This move simplifies...

eToro Strengthens Crypto Portfolio with Zengo Acquisition

Deal expands eToro's offerings in the cryptocurrency sector.Highlights: eToro is acquiring crypto wallet Zengo to expand its services.The...