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Labelbox 40m Capital Group 79m Wiggers VentureBeat
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Labelbox 40m Capital Group 79m Wiggers VentureBeat

Labelbox Secures $40 Million in Series B Funding Round Led by CapitalG.Labelbox, a San Francisco-based data science platform, recently announced that it has secured $40 million in Series B funding. The round was led by CapitalG, Alphabet's growth investment fund, with participation from existing investors including Kleiner Perkins, First Round Capital, and M12 (Microsoft's venture fund). Labelbox's platform helps to automate the process of labeling data for machine learning models, a task that often requires a significant amount of time and resources. With this funding, the company plans to expand its platform and add new features to enable customers to quickly and accurately label their data. 79 Million Raised in Series C Funding by WiggersVentureBeat WiggersVentureBeat, an early-sta...