AI startup Coactive raises $10.4 million from a16z and Bessemer

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

United States Headlines News

An exclusive look at how AI startup Coactive scored $10.4 million in funding from Andreessen Horowitz and Bessemer to analyze unstructured visual content

Media and consumer retail customers can flag inappropriate content or search through visual data.On a Thursday afternoon, Cody Coleman told me that he was looking forward to a rare weekend vacation to Hawaii with an unexpected guest — his high school trigonometry teacher.

With the rise of e-Commerce and creator platforms, visual content has exploded, and with the increasing usage of generative AI, it'll only become easier for consumers to create their own video and image content, Coleman told Insider. The startup largely serves media and consumer retail companies through its closed beta, Coleman told Insider. Customers in the media space use Coactive's software to automatically annotate or flag inappropriate content, while consumer retail companies can use the technology to organize and search large swathes of photos or videos, he added.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ulta 24-Hour Flash Sale: Take 50% Off Smashbox, COSRX, Kopari, Stila, and Nudestix - E! OnlinePamper yourself with $10 skincare and makeup deals from Nudestix, Stila, Kopari Beauty, COSRX, and Smashbox.
Source: enews - 🏆 466. / 52 Read more »

Philadelphia to pay nearly $10 million for police misconduct in 2020Civil rights groups announced a nearly $10 million settlement with the city over the Philadelphia police department’s use of tear gas and other tactics on protesters. Addressing police violence is smart fiscal policy BLM RIOTS
Source: washingtonpost - 🏆 95. / 72 Read more »

A surfing restaurant: Why 2 Green Berets will open surfs-up spot in land-locked D-FWThe project in The Colony will cost $8 million to $10 million.
Source: dallasnews - 🏆 18. / 71 Read more »

$10-a-barrel oil price plunge should bring relief at gas pumpWhat a difference a year makes. Gas prices are projected to fall over the coming weeks thanks to renewed recession fears, analysts say. Last year at this time, prices were skyrocketing amid supply …
Source: ladailynews - 🏆 332. / 59 Read more »

Sifflet: Bessemer-backed data observability startup raises $12.8mThis Bessemer-backed startup clamping down on bad data quality just raised $12.8 million. Check out the 15-slide pitch deck Sifflet used to raise the cash.
Source: BusinessInsider - 🏆 729. / 51 Read more »

The English Estate Where Jane Austen Was Born and Wrote ‘Pride and Prejudice’ Just Listed for $10 MillionExplore the birthplace of one of the world's most beloved authors. The Steventon House, where Jane Austen was born and penned her timeless classic 'Pride and Prejudice,' is now on the market for $10 million. JaneAusten historicproperty
Source: RobbReport - 🏆 309. / 63 Read more »