The company said it will use the funding round, led by returning investor RHS Investments, to improve its automation platform for enterprise data science teams. Alegion customers include Microsoft, Home Depot and Walmart.
Launched in 2012 and rebranded in 2016 as an AI company, Alegion can identify and label overlapping objects in a video and expedite annotations. The company specializes in aiding customers with tasks that can center on machine learning or help to process and handle secure data.
READ MORE: Austin AI firm Alegion partners with nonprofit to provide work for veterans
Alegion founder and CEO
"Our customers can first leverage human judgement to train their model and then watch as newly trained machines are incorporated that allow unprecedented scaling," Gates said in a written statement.
The startup's last funding round was in
Alegion employs 75 people, who are based at the company's headquarters in
"Artificial Intelligence's insatiable demand for accurate training data can't be provided through human power alone,"
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