Labelbox Secures $100 Million in Series E Funding Led by Infinitum Partners

Labelbox Lands $100 Million in Series E Funding

Labelbox, based in San Francisco, California, has announced the successful closure of its Series E funding round, raising $100 million. This round was led by Infinitum Partners, with participation from Wipro Ventures, Andreessen Horowitz, B Capital, Tau Ventures, and Snowpoint Ventures.

Labelbox provides a platform that enables frontier AI labs to train on its environments and expert data. The company supports engineering and research teams in automating their recurring tasks through agents on Recursion.

Leadership and Vision

The company is led by Manu Sharma, CEO, and Brian Rieger, Co-Founder and COO. Their leadership aims to further advance the capabilities of AI training environments, making it easier for teams to focus on innovation and efficiency.

Strategic Use of Funds

While specific plans for the newly raised capital have not been disclosed, the infusion of funds is expected to bolster Labelbox's platform development and potentially expand its market reach.

Location

Labelbox is headquartered in San Francisco, California, United States.