The data on which many models train must be labeled, or the models wouldn't be able to interpret that data during the training process.
Bringing Encord's warchest to $50 million, the new capital will be put toward doubling the size of Encord's product, engineering and AI research teams over the next six months.
By the end of the year, we expect to grow our team to 100 employees, up from 70 currently. We now have dual headquarters in London and San Francisco with team members across the globe.
Combining Hensen's software development expertise with my insights from quantitative research to automate data development, we launched the first iteration of Encord's product during Y Combinator.
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