Clarifai Raises $60 Million Series C

SineWave is thrilled to participate in Clarifai’s $60 million Series C funding round.  This funding round was led by New Enterprise Associates (NEA), with participation from existing investors Menlo Ventures, Union Square Ventures, Lux Capital, LDV Capital, Corazon Capital, NYU Innovation Venture Fund, and new investors CPP Investments, NextEquity Partners, SineWave Ventures, and Trousdale Capital. Andrew Schoen, Partner at NEA, will join the Board. The amount raised brings the company’s total funding to $100 million and will be used to expand its sales, marketing, and engineering teams.   Read more about Clarifai, the leading AI platform for unstructured image, video, text, and audio data, here:  Clarifai moves beyond computer vision to manage companies’ unstructured data.