Voxel51 secured $30M to contribute to the realization of visual AI
Voxel51, the company behind the open-source computer vision tool FiftyOne, has raised $30 million to accelerate its mission of making visual AI a reality. The funding will let Voxel51 scale its team, invest in its open-source community, drive its research, and enhance its products.
Voxel51, the company behind the popular open-source computer vision tool FiftyOne, has raised $30 million in a Series B funding round led by Bessemer Venture Partners, backed by a new investor, Tru Arrow Partners, and with participation from existing investors Drive Capital, Top Harvest Capital, Shasta Ventures, and ID Ventures. The funding will allow Voxel51 to deepen investment in its thriving open-source FiftyOne community, grow its team in all areas, establish a research team, and accelerate product roadmap initiatives to support new data modalities, enabling larger dataset scale, and tightening integrations across the AI stack.
The investment arrives when AI is reaching unprecedented levels of adoption, yet many projects struggle to achieve production-ready status. Moreover, an increasingly significant share of applications belong to visual AI, an area poised to explode since audio and video make up most of the data traffic everywhere. As a result, organizations actively seek ways to unlock value from their vast troves of unstructured visual data through AI-powered products and services that may be too inflexible to integrate fully into each organization's environment. Thus the importance of Voxel51's solutions which provide an AI data operations platform that bridges the gap between models and data. Voxel 51 products enable users to orchestrate workflows to jointly curate, examine, iterate, and evaluate models and data.
