We Raised $40M to Invest In Enterprise and Open Source Vision AI
Summary
Weve raised an additional $40 million to continue building the open source tools, platform, and community so developers and enterprises can deploy computer vision applications to production. Our platform is interoperable, created for builders, and always rapidly improving (please email or tweet at us feature requests).The adoption of visual understanding is bigger than any one company, which is why its critical to build with and for the community. Users on Roboflows platform have consumed more than one million GPU hours on our public plan to freely advance open source computer vision.And yet, the state and pace of AI provides opportunities to accelerate adoption. What previously was prohibitively uneconomic cataloging the exact seconds a logo is aired alongside showing a scoreboard during a sports broadcast is now possible.At the same time, companies with intensive physical operations are within industries that drive more than 40 percent of the global GDP 3 : transportation, construction, manufacturing, and more. Their CIO, Travis Turnbull, says this best: Maintaining an innovative edge is critical to our strategy at Pella Corporation, and advancements in AI represent an unprecedented opportunity to optimize manufacturing processes and quality controls.