Announced
Completed
Synopsis
Addition, a venture capital firm, led a $85m series C funding round in Snorkel AI, a technology startup, with participation from BlackRock, Greylock, GV, Lightspeed Venture Partners, Nepenthe Capital and Walden. “Snorkel AI is addressing one of the most challenging and time-consuming bottlenecks in AI–the need for massive labeled datasets–with the industry’s first data-centric AI platform. With Snorkel Flow, enterprise customers have been able to develop and deploy AI applications in hours or days, versus months, leading to significant ROI,” Tony Kim, BlackRock Managing Director.
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