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CVAT raises $2M to commercialise its open-source AI labeling tool

Original: CVAT lands $2M from OH.io to commercialise its open-source AI labeling tool

CVAT, the company behind a widely used open-source tool for labeling data to train AI models, has raised $2 million in funding from OH.io. The money will go toward turning the free community project into a commercial product, as demand grows for tools that prepare image and video data for computer vision systems. The deal highlights continued investor interest in the data-preparation layer of the AI stack.

Why now: Fresh funding for a popular open-source AI tool signals momentum in the data-labeling market

CVATOH.io

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