Voxel51, a startup developing a platform to analyze structured data such as images and videos, has raised $12.5 million in a Series A round led by Drive Capital in partnership with Top Harvest, Shasta Ventures, eLab Ventures and ID Ventures. Founder and CEO Jason Corso told Technology Flow that the new capital will help further develop the company’s platform and double the size of the Voxel 51 team from 13 to 26 employees by the end of the year.
Along with machine learning PhD Brian Moore, Corso said he created Voxel51 to take advantage of the growing amount of structured data in AI and machine learning. A professor at the University of Michigan, Corso says there is a “critical need” for better software infrastructure to help visualize machine learning engineers and data scientists, Analyzing and interpreting their data.
“Leveraging unstructured and visual data is a significant challenge. While we’ve seen recent successes in moving capabilities from the lab to production, there’s been difficulty bringing computer vision capabilities into production, such as those in ADAS,” Corso told Technology Flow in an email interview. “[Voxel51] Just not Find out Perfect data to train a model, but verifying that the data trains your model to do what you really want it to do.
Voxel51’s flagship product, FiftyOne, was launched in open source in August 2020. The tool aims to help developers visually analyze and improve structured datasets in computer vision and machine learning use cases. This week marks the launch of FiftyOneTeams, a full management version that adds enterprise-oriented features to the mix, including the ability to search image and video datasets stored in the cloud, share datasets with colleagues, and create and manage dataset versions. .
Corso notes that FiftyOne’s open source release — which supports on-premises, private and public cloud deployments — has more than 150,000 monthly active users, while the fully managed version has “half-a-dozen” Fortune 500 and “dozens” of startup paying customers. , namely in the automotive, retail, security and robotics industries.
“We are completely open source; New users have unlimited access to the full machine learning stack with unlimited data and usage. “We don’t need to copy or transmit media or metadata into our systems,” Corso said.Once leveraged, FiftyOne becomes the trusted single source for data within the organization.
Voxel51 sees competition from Aquarium Learning and Lightly.AI. But Corso didn’t feel threatened. He said the startup grew during the pandemic as the computer vision industry touched sectors like retail, security, advertising, agriculture and robotics, and the demand for structured vision data and ways to manage it.
“Data is a critical component of all machine learning processes; High-quality, clean data is a key factor in building high-performance machine learning systems. However, the infrastructure and best practices around full-stack management of structured data are just beginning,” says Corso. “FiftyOne provides a window into an organization’s data processes and data quality, which ultimately enables them to implement better machine learning systems and components from their structured data.”
To date, Ann Arbor, Michigan-based Voxel51 has raised $15.8 million. Corso declined to disclose earnings when asked.