Dataloop automates data management and annotation to accelerate AI projects

Dataloop-automates-data-management-and-annotation-to-accelerate-AI-projects

Dataloop, an Israeli startup, has announced that it will offer enterprises a comprehensive platform covering all stages of the unstructured data management lifecycle for AI projects, from labeling data to deploying the production pipeline and weaving the human in the loop.

NGP Capital and Alpha Wave Ventures, which jointly led the company’s Series B funding round, announced they raised $33 million. The company has raised a total of $50 million since inception (including this round). It claims to have been adopted by a variety of industries, including construction, robotics, agriculture, retail, and robotics. Dataloop intends to expand its footprint with this round of funding.

The company announced that it would create teams in the United States, Europe and India and expand the Dataloop platform globally.

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Read more: Dataloop automates data management and annotation to accelerate AI projects and raises $33M

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