Labelbox, which develops data annotation and labeling software, raises $110M Series D led by SoftBank's Vision Fund II, says it is now “basically a unicorn”
With funding for data startups in a frenzy, data annotation company Labelbox found itself fielding offers … Tweets: @glenrdixon , @kenrickcai , and @firstround Tweets: Glen Dixon / @glenrdixon : True to its name, Labelbox is building for the data labeling part of the machine learning process, which enables smaller batches of “training data” to be annotated so that AI models can learn how to make predictions and develop insights from larger amounts of raw data. https://twitter.com/... Kenrick Cai / @kenrickcai : SoftBank's Vision Fund II is placing its bet on Labelbox, a data labeling startup in a space with already a couple $1 billion companies. Labelbox has raised $110 million, and its eyes are on cornering business in the enterprise and government. My story: https://www.forbes.com/... @firstround : Congrats to @manuaero, @Riegerb & the entire @labelbox team for announcing their Series D fundraise! Labelbox saves enterprises time by creating & managing AI training data, people & processes in 1 place (& good news—they're hiring!). Read on in @forbes: https://www.forbes.com/...