NEW YORK, April 7, 2021 / PRNewswire / – CB Insights appointed today AI Daydream, the first synthetic data platform, at its IA 100 ranking of the world’s most promising private artificial intelligence companies for the second time.
“This year’s cohort covers 18 industries and works on everything from climate risk to accelerating drug R&D,” said CEO of CB Insights Anand Sanwal. “Last year’s 100 AI companies had a remarkable run after being named to the list, with over 50% of them to raise additional funding (totaling $ 5.2 billion), including 16 mega-towers over $ 100 million. Many have also come out via M&A, SPAC or IPO. As industry after industry embraces AI, we expect this year’s class to experience similar levels of interest from investors, acquirers, and customers. “
“We are honored to be once again named to CB Insights’ AI 100 list,” said AI Co-Founder and CEO. Daeil Kim. “Synthetic data is now essential, and more businesses, government agencies and NGOs are using the AI.Reverie platform to accelerate the development of AI while protecting data privacy. The revolutionary results our customers are achieving with our platform are the ultimate price. “
Using an evidence-based approach, the CB Insights research team selected the AI 100 from a pool of over 6,000 companies based on several factors including patent activity, investor quality, news sentiment analysis, proprietary Mosaic scores, market potential, partnerships, competitive landscape, team strength and technological novelty.
In 2020, AI.Reverie was tripled as the demand for synthetic data to train vision algorithms increased. Other milestones from the past year include:
- An expansion of the offer on the Retail and Agriculture markets
- Inclusion in United States Air Force $ 3.3 billion, five-year Advance Battle Management System (ABMS) program
- A $ 1.5M AFWERX Phase 2 SBIR contract
- A $ 5.6 million Vulcan-led equity round
- The publication of the largest open dataset of real and synthetic aerial imagery (Rare planes, with the In-Q-Tel CosmiQ Works laboratory)
- Recognition by Gartner as a “Cool Vendor” in core AI technologies
- Recognition by Forbes as “Top 25 Machine Learning Start-ups”, among other honors
About CB Insights
CB Insights creates software that empowers the world’s best companies to discover, understand, and make technology decisions with confidence. By combining data, expert advice and work management tools, clients manage their end-to-end technology creation process on CB Insights. For more information, please visit www.cbinsights.com.
The AI.Reverie Synthetic Data Platform creates a virtually endless supply of annotated images and videos that accelerate computer vision and machine learning in all areas. Its unique set of tools preserves data privacy and provides control to avoid bias in AI. Learn more about www.aireverie.com.
Press release disseminated by PRLog
SOURCE AI Reverie