With participation from Top Harvest, Shasta Ventures, eLab Ventures, and ID Ventures, Voxel51, a startup building a platform to analyze unstructured data, such as images and videos, has raised USD 12.5 million in a Series A round.
Drive Capital served as the round’s lead investor. According to Voxel51’s founder and CEO Jason Corso, the new funding will be used to expand the company’s platform and, by year’s end, more than double the team’s size from 13 to 26 employees. FiftyOne, the flagship product of Voxel51, debuted in open source in August 2020. Earlier this week, a fully managed version called FiftyOneTeams went live.
It adds enterprise-oriented features to the mix by enabling users to search within the cloud-stored image and video datasets, share datasets with coworkers, and create and manage dataset versions.