27
May
Activeloop, creator of a database platform that’s designed to cater specifically to artificial intelligence workloads, said today it has closed on an $11 million early-stage funding round, bringing its total amount raised to about $20 million. Today’s Series A round was led by Streamlined Ventures and saw participation from Y Combinator, Samsung Next, Alumni Ventures and Dispersion Capital, the company said. The startup, which is officially known as Snark AI Inc., has created a specialized database called Deep Lake that’s designed to streamline the flow of unstructured information, such as audio, video, image, text files and embeddings, into machine learning…