CrowdFlower, a data enrichment platform that allows data scientists to collect, clean and label data at scale, secured the amount of $12.5 million in a Series C round of venture capital to help facilitate that process of using big data.
Led by Chief Executive Officer Lukas Biewald, the seven-year-old company has seen significant growth in its user base over the past year, an increase it attributes in part to companies adding more data-science teams. Crowdflower is able to clean up data sets and make them more manageable for teams.
Canvas Venture Fund led the round, and earlier investors Bessemer Venture Partners and Trinity Ventures also participated. CrowdFlower has raised a total of $25.7 million to date in four rounds from 17 different investors. Other investors include K9 Ventures, Quest Venture Partners, Founders Fund, Harmony Partners, FF Angel LLC, Freestyle Capital and Felicis Ventures. The company has also received investments from Uber CEO Travis Kalanick, Quest Managing Partner Marcus Ogwa, Menlo Incubator’s Gary Kremen, Hyperfair’s Lorenzo Thione, LiveRamp CEO Auren Hoffman, Moon Express Inc’s CTO Barney Pell and K9 Ventures’ Manu Kumar.
Tags: Venture Capital, Venture Capital Firm, Venture Capital Group, Venture Capital Industry, Venture Capital Investment, Venture Capital Investor, Venture Capital Fund, VC Funding, VC, CrowdFlower, Big Data, Startup, San Francisco, Lukas Biewald, Canvas Venture Fund, Bessemer Venture Partners, Trinity Ventures, K9 Ventures, Quest Venture Partners, Founders Fund, Harmony Partners, FF Angel LLC, Freestyle Capital, Felicis Ventures, Travis Kalanick, Marcus Ogwa, Menlo Incubator, Gary Kremen, Hyperfair, Lorenzo Thione, LiveRamp, Auren Hoffman, Moon Express Inc., Barney Pell, K9 Ventures, Manu Kumar.