Snorkel AI completes $350 million Series E funding round, valuing the company at $3.5 billion, triple its valuation from 17 months ago.
The seven-year-old startup, which focuses on building training datasets and simulation environments for AI labs and enterprises, secured this funding round led by Insight Partners and S32. Its annualized revenue run rate has reached $375 million, growing 18-fold over the past 12 months, primarily driven by the surge in demand for AI training data.
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