Twelve Labs: Video Understanding Company Raises $30 Million
By Amit Chowdhry ● Dec 16, 2024
Video understanding company Twelve Labs announced that three of the world's leading infrastructure providers, Databricks, SK Telecom, Snowflake Ventures, HubSpot Ventures, and In-Q-Tel (IQT), have each made a significant strategic investment in the company. The $30 million in funding validates the value Twelve Labs delivers to end customers, particularly in the media and entertainment space.