INSUBCONTINENT EXCLUSIVE:
Labelbox, a provider of services to create, manage and maintain data sets for machine learning applications, has raised $10 million in a new
Kleiner Perkins, First Round Capital and Sumon Sadhu, an angel investor.Labelbox manages the process of outsourcing data labeling for
employees to 22, and build out its sales and marketing teams.Labelbox counts around 50 customers for its service and charges them based on
the volume of data that companies upload and the breadth of services they use, Sharma said
Companies are charged once they hit a certain usage threshold
Lytx, for instance, uses Labelbox for its DriveCam, a system installed on half a million trucks with cameras that use AI to detect unsafe
driver behavior so they can be coached to improve
industrialization of machine learning across many sectors, such as manufacturing, transportation and healthcare
