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Encord bags $30M Series B for expansion

Encord bags $30M Series B for expansion
Encord bags $30M Series B for expansion

Encord, a San Francisco-based AI data platform, raised $30M in Series B funding.

The round was led by Next47, with Y Combinator, CRV, and Crane Venture Partners also participating. The funds will aid in business expansion and automating AI data curation and management.

With over 120 top AI teams as clients, including Synthesia and Cedars-Sinai, Encord aims to improve its workflow for data management, curation, annotation, and model evaluation. The new Encord Index tool enhances data visualization and integration with platforms like AWS S3 and Azure Blob.

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