Deals

Ditto Raises Series C Round
Date: 
Wednesday, December 21, 2016
Location: 
Cambridge
Categories: 
B2B
Big Data & Analytics
Marketing & Sales Tech
SaaS
Deal Type: 
Funding

Ditto Labs, Inc., a pioneer in deep learning announced today that Red Fort Capital led a new round of investment in the vision-as-a-service company.

Ditto’s vision-as-a-service API can find nearly anything appearing in a photo — a specific product, brand logo, location, demographic profile -- even subjective measures of sentiment — in near real time. Ditto’s service is a high value AI application for thousands of digital business’s. Ditto’s software currently fuels the world’s leading enterprise marketing platforms by labeling the torrent of social media photos.

“Humans can no longer keep up: ubiquitous cameras are casting off reams of big data. Today, critical business decisions need computers to act on visual data at massive scale and in real-time,” said Red Fort Capital CEO Parry Singh. “Ditto, with its technology and diverse roster of clients, delivers artificial intelligence solutions to make business sense of this visual data. It's my pleasure to join the board and invest in Ditto’s tech, team and business growth... READ MORE