Coactive Systems raised $30M in a Series B funding round co-led by Emerson Collective and Cherryrock Capital
Coactive Systems raised $30M in a Series B funding round co-led by Emerson Collective and Cherryrock Capital
05/22/24, 7:33 AM
Location
san joseMoney raised
$30 million
Industry
machine learning
artificial intelligence
Round Type
series b
Investors
Andreessen Horowitz, Greycroft, Bessemer Venture Partners, Cherryrock Capital, Emerson Collective
Coactive Systems, a San Jose, CA-based AI platform, raised $30M in Series B funding with co-leaders Emerson Collective and Cherryrock Capital, along with participation from Bessemer Venture Partners, Greycroft, and previous investor Andreessen Horowitz. The funding will be used for expanding operations, development efforts, and business reach.
Company Info
Location
san jose, california, united states
Additional Info
At Coactive AI, we are empowering data practitioners and data-driven teams to unlock insights in unstructured image and video data. This visual data increasingly captures everyday life from our online experiences on e-commerce sites and social media to guiding the cars we drive and monitoring the plants we eat. By 2021, unstructured visual data will be more than 82% of all internet traffic. We make this unstructured visual data useful by bringing it into the world of SQL and the big data tools that teams already love.