Clipto uses AI to search terabytes of video and is now valued at $250M
Generative AI is making it easier to produce more content and harder to keep track of it. As videos, recordings, and documents accumulate, Adobe, Apple, Google, and a growing number of startups are using AI to make those files searchable.
Why It Matters
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Key Facts
- Fact 1: The San Francisco-headquartered startup, which also has teams in Singapore and Hong Kong, has raised $15 million in an all-equity round at a $250 million post-money valuation.
- Fact 2: The investors include HSG (formerly Sequoia China), GL Ventures, EnvisionX Capital, Palm Drive Capital, Hans Tung, Lu Zhang, and 522 Ventures.
- Fact 3: Kang said that, while a PhD student at Carnegie Mellon University in 2006, he worked on robots that recorded their surroundings, identified objects, and remembered where to find them.
- Fact 4: His second company, Zenvideo, focused on making video creation easier and was acquired by Tencent in 2020, Kang told TechCrunch.
Generative AI is making it easier to produce more content and harder to keep track of it. As videos, recordings, and documents accumulate, Adobe, Apple, Google, and a growing number of startups are using AI to make those files searchable.
It is not yet clear whether that will support a new category of stand-alone software or become a standard feature of products people already use. Clipto is betting there is room for a separate product. The San Francisco-headquartered startup, which also has teams in Singapore and Hong Kong, has raised $15 million in an all-equity round at a $250 million post-money valuation.
(Original synthesis pending human/AI review — generated by the stub provider by selecting real sentences from the source material, not by writing new analysis or commentary.)
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