- Funding Achievement: Coactive Systems raises $30M in Series B funding, reaching a $200M valuation.
- Investment Leaders: The round co-led by Emerson Collective and Cherryrock Capital, with participation from Bessemer Venture Partners, Greycroft, and Andreessen Horowitz.
- Platform Capabilities: Coactive’s AI-powered platform manages and retrieves visual data without metadata, leveraging multimodal AI for intelligent search and video analytics.
Impact
- Operational Expansion: The funds will support expanding operations and development efforts, enhancing business reach.
- Market Growth: Coactive’s platform is expected to benefit tech-enabled enterprises, boosting value from unstructured visual content.
- Innovation in Visual Data: The platform’s ability to pull context directly from pixels and audio sets a new standard in visual data management.
- Enterprise Adoption: Fortune 500 retailers, media companies, and community platforms already utilize Coactive for intelligent applications.
- Investment Confidence: Participation from notable investors underscores confidence in Coactive’s growth and innovation potential.
Eksentricity 
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