An investor consortium led a $30m funding round in Twelve Labs.

An investor consortium led a $30m funding round in Twelve Labs, an AI powerded video intelligence platform for enterprises, with participation from Databricks, HubSpot Ventures, IQT, SK Telecom, and Snowflake. "We're incredibly excited to partner closely with leading data platforms. It's a no-brainer for us to bring our video foundation models to the largest and most trusted enterprise infrastructure providers. This is just the beginning. Today we have interoperability with their leading vector databases and we're looking forward to building out the next generation of AI tooling within these platforms," Jae Lee, Twelve Labs CEO.