Based in Israel, Dataloop offers a data management platform for unstructured data that allows users to connect, search, and annotate data for training ML models. The platform leverages AI to automatically label any type of unstructured data including images, videos, LiDAR, text, and audio. Dataloop uses deep learning models, pre-trained classes, and smart trackers to run automatic annotations. It also uses human annotators to ensure quality of data. In addition, developers can use its automation pipeline feature to build event-driven data pipelines to automate the pre-labeling of data to be used in ML training. The company also offers a data management platform to sort, filter, query, and obtain insights from unstructured data.
Dataloop also offers a GenAI Engine to fine-tune foundation models with proprietary enterprise data through continuous learning pipelines and reinforcement learning from human feedback (RLHF).
Key customers and partnerships
Its notable customers include LinkedIn, Vimeo, Intel, and Toyota.
Funding and financials
Dataloop raised USD 33 million in a Series B funding round in November 2022 co-led by NGP Capital and Alpha Wave Ventures. It earmarked the funds towards global expansion, specifically for building teams in the US, Europe, and India. The company had a workforce of 60 employees and planned to grow it to 80 by the end of the year.
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