Sama raises $70M in Series B funding
AI data-labeling startup Sama raised $70 million in its Series B round of funding from CDPQ, First Ascent Ventures, Salesforce Ventures and Vistara Growth, among others. The women-led San Francisco based company provides training data to Fortune 2000 companies including Walmart and Google. It specialises in image, video, language and data annotation and validation for machine learning algorithms.
“In general, there’s a lack of women in AI,” Cognilytica analyst Kathleen Walch said. “For a woman-led company to raise this significant amount of money and be able to be a big competitor in the data labeling space means that women will continue to be taken seriously and we can continue to move forward in this male-dominated industry,” they added
Sama CEO Wendy Gonzalez stated, “In terms of the development of AI, I think having representation in both the platforms and the data sets that are created are essential to building AI that works for everybody.”
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