Tagasauris Raises $900K On SeedInvest
Founded in 2010, Tagasauris combines human-assisted computing with semantic Web technologies to tag, categorize, label, and organize media like videos and images. The company uses its proprietary technology to “teach” computers the content of a picture of video and how that content relates to the rest of the Web. The process quickly and effectively turns ordinary visual content into searchable media, and it’s already being used by an impressive clientele—including the likes of Disney, AOL, and ABC.
SeedInvest is a unique crowdfunding platform that provides investors with highly vetted startup investment opportunities. It allows individuals to invest in startups right alongside leading VC funds and angels while streamlining the whole process online. The platform is home to more than 10,000 investors looking to invest over $500 million in startups.
“Tagasauris is well positioned with their platform to capitalize on the explosive growth potential of the emerging hyper media marketplace,” says SeedInvest investor Bart Rollert of Plan B Ventures. “We are excited to be a part of such an innovative company led by a solid management team of industry experts.”
“Tagasauris’ roots lay in crowdsourcing and human computation,” says Tagasauris CEO Todd Carter. “As such, our premise going into this round with SeedInvest was, ‘let’s eat our own dog food’ and adopt a crowd-driven approach to financing Tagasauris. SeedInvest provided an ideal soapbox for Tagasauris to present its vision of an A.I. platform that bridges the gap between people and the overwhelming amount of visual content surrounding them online.”
The company plans to use the capital from this round to grow its team and scale its services.