Human assisted computing platform Tagasauris, has closed a $900,000 equity crowdfunding round on SeedInvest. Tagasauris previously raised a Seed round in 2013 according to AngelList. No further details on the funding round were made available.
Tagasauris has developed a patent pending tagging platform designed to “teach” computers to be more contextually aware. Their technology is said to quickly and cost effectively turn ordinary visual content into rich searchable media at web-scale and is already being used by corporate customers such as Disney, AOL, and ABC. Clients benefit from improved engagement, traffic, and discoverability. The company employs experts in the fields of linked data, dynamic semantic publishing, and human-assisted computing and is championed by one of the original members of the Watson team at IBM.
“Tagasauris’ roots lay in crowdsourcing and human computation,” says Tagasauris CEO Todd Carter. “As such, our premise going into this round with SeedInvest was, “let’s eat our own dog food” and adopt a crowd-driven approach to financing Tagasauris. SeedInvest provided an ideal soapbox for Tagasauris to present its vision of an A.I. platform that bridges the gap between people and the overwhelming amount of visual content surrounding them online.”
Tagasauris, founded in 2010, will use the capital from this funding round to grow their team and scale their services.
“Tagasauris is well positioned with their platform to capitalize on the explosive growth potential of the emerging hyper media marketplace,” says SeedInvest investor Bart Rollert of Plan B Ventures. “We are excited to be a part of such an innovative company led by a solid management team of industry experts.”
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