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Superb AI raised $16 Million in Series B round of financing to provide an enhanced and optimized data management platform for computer vision.
FREMONT, CA: "We believe Superb AI's unique approach accelerates computer vision projects by automating data preparation to faster and more predictably leverage AI and machine learning," said Hyun Kim, co-founder and CEO of Superb AI. "We are thankful for our investors who have supported us on this journey and this investment will allow us to build out our team and technology to bring more useful AI and computer vision capabilities to organizations worldwide."
Excellent AI unveiled the initial closure of its Series B investment round with $16M, led by Korea Development Bank (KDB) and Premier Partners, with further investments from seed investors such as Duke University and KT Investment. The series B investment round features additional investments from seed investors like Korea Development Bank and Premier Partners. A new investor in Superb AI is Halla Group, the parent company of Mando, a Tier 1 automotive parts company.
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With its core mission of lowering the barriers to entry for the development of production-grade artificial intelligence and providing fast and reliable data management platforms for computer vision applications, Superb AI's core mission has been to achieve these goals over the years.
"We invested in Superb AI for three main reasons: the company's world-class talent, the novelty and differentiation of its data training automation platform, and the value it provides to its customers," said Kurt Schmidt, Managing Director of Duke Angel Network. "We believe Superb AI's platform has the potential to democratize the use of machine learning for many types of organizations worldwide. We look forward to continuing to expand our partnership with Superb AI and we are excited to see what they accomplish next."
Many industries are incorporating machine learning technology into their business practices. Superb AI understands the need for more innovative and automated methods for continuously delivering high-quality training data to its customers.
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