CloudFactory, a Reading, England, UK-based provider of managed workforce solutions for artificial intelligence (AI), secured $65m in growth equity funding.
The round was led by FTV Capital with participation from Weatherford Capital.
As part of the transaction, FTV Capital partner Alex Mason and principal Abhay Puskoor and Weatherford Capital partner Sam Weatherford will join the CloudFactory board of directors.
Its managed teams can process data using virtually any tool.
Used by 130+ companies, the company annotates data for 11 of the world’s top autonomous vehicle companies and process millions of tasks a day for innovators including Microsoft, Drive.ai, Ibotta and nuTonomy. | To read full story, visit https://startuparound.com/read/1574258408.1818295/CloudFactory-Raises-$65M-in-Growth-Equity-Funding?ref=audio_experience