Voxel51, an Ann Arbor, MI-based data-centric machine learning software company, raised $12.5 million in Series A funding.
Backers included Drive Capital, Top Harvest Capital, Shasta Ventures, and existing investors. The round follows the company’s $2.875M Seed round from eLab Ventures, ID Ventures, and the University of Michigan.
The company intends to use the funds to expand its diverse team committed to shaping the future of machine learning in roles focused on product, engineering, community, and more.
Led by Jason Corso, co-founder and CEO, Voxel51 provides an open source and commercial software platform that enables developers, scientists, and organizations to build high-quality datasets and computer vision models that power some of today’s most remarkable machine learning and artificial intelligence.
The company is announcing the launch of FiftyOne Teams, its enterprise platform that helps organizations bring unbiased machine learning (ML) products to market by unlocking the complexities in their visual datasets, enabling them to understand real-world situations and edge cases.
Tens of thousands of engineers and scientists have integrated open-source FiftyOne into their ML workflows. Enterprise customers spanning verticals like automotive, robotics, security, retail, and healthcare rely on FiftyOne Teams to securely collaborate on their datasets and models.
As an Ann Arbor SPARK client, Voxel51 benefited from SPARK’s business accelerator grants supported by the Ann Arbor/Ypsilanti SmartZone Local Development Finance Authority (LDFA). These grants helped cover the costs for
legal, UX, and strategic planning services. Voxel is also a past participant in Tech Trek, the event which launched a2Tech360.