by Maria Deutscher
Wirestock Inc., a startup that provides multimodal training datasets for artificial intelligence developers, has raised $23 million in funding.
TechCrunch reported today that early-stage fund Nava Ventures led the investment. It was joined by SBVP, Formula VC and I2BF Ventures. Wirestock has raised a total of $26 million in external funding to date.
Wirestock launched in 2018 with a platform that helped photographers and other creative professionals distribute their images through stock image services. Earlier this year, the company announced a pivot to providing training datasets for AI projects. It offers model developers access to a catalog of more than 50 million images and videos created by about 700,000 users.
The company also sells custom training datasets. According to Wirestock’s website, one of its specialties is recording footage that demonstrates how users interact with applications. A startup with an AI-powered website design tool could commission images that show how to edit interface elements in Figma.
