AI video search startup Clipto hits $250M valuation after $15M funding round
Clipto, a three-year-old AI startup specializing in searching large volumes of video content, has been valued at $250 million following its latest funding round. The company raised $15 million in its most recent round of financing. Notably, Clipto had already reached $15 million in annual recurring revenue and achieved profitability before closing the new investment. The milestone highlights the growing demand for AI-powered tools capable of indexing and searching terabytes of video data.
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