Heartex Raises $25 Million To Streamline Dataset Labelling
Heartex, a company offering a platform for an enhanced dataset labelling process, has raised $25 million through a Series A funding round.
Created on May 19|Last edited on May 19
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In recent years, quality datasets have been becoming more and more important. With rapid advancement and revolutionary new ideas surrounding model architectures slowing down, a focus on quality datasets has been brought to the attention of many. With higher quality datasets, you can get the most of novel model architectures.
Heartex is a company that sees the importance of accurately labeled datasets. They offer a service called Label Studio, a powerful app to streamline the dataset labeling process. With a customizable interface, configurable processes, collaborative tools, and more, annotation teams can get more done, faster and easier. With security features and user management, you can also correct labeling error trends before they get out of hand.
Who's funding Heartex and where's the money going?
Heartex raised $25 million in a Series A funding round announced today. The funding effort was led by Redpoint Ventures, with additional participation coming from Unusual Ventures, Bow Capital and Swift Ventures.
The money is said to be going towards improving Heartex's products and growing the company team with hiring efforts through the year.
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Tags: ML News
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