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Tag: Vidooly

Artificial Intelligence Startup ParallelDots Raises $1.4 Mn Funding
11Oct By PriyankaNo Comments
FUNDING

Artificial Intelligence Startup ParallelDots Raises $1.4 Mn Funding

Artificial Intelligence and deep learning startup ParallelDots has recently raised $1.4 million (around Rs 9.1 crore) in a fresh round of funding from its existing investor Multipoint Capital LLC. Delaware, US and Gurgaon, India based AI startup was founded in January, 2014 by Angam Parashar along with Ankit Narayan Singh and Muktabh Mayank and incubated at TLabs, a startup incubator managed by Times Internet. The newly infused capital will be use by the startup to increase the headcount of its technology team, as well as to support its expanding global footprint. The money will also be spent on general operational expenses. ALSO READ Google Uncovered Russia-Backed Ads on YouTube, Gmail : Source     ParallelDots earlier raised a funding of $600K from Multipoint...
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Vidooly Raises $1.4 Million From GVFL, Times Internet
10May By Press Trust of IndiaNo Comments
FUNDING

Vidooly Raises $1.4 Million From GVFL, Times Internet

Video intelligence startup Vidooly has raised USD 1.4 million (Rs 8.9 crore) in funding from GVFL and Times Internet. Vidooly will utilise the series A funds towards product engineering, marketing, and enhancing sales and distribution channels, it said in a statement. Previously, the company has raised about USD 1 million. "Video consumption over the last couple of years has exploded given faster and affordable internet access and also the rising demand for devices and high quality online content," Vidooly co-founder Nishant Radia said. The aim is to be a dominant player in this space globally, he added. "We plan to utilise the funds raised to expand in attractive markets such as the US, Europe and Asia and also strengthen the team at Vidooly," he said. Vidooly was also a par...
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