Nota, a Seoul, South Korea-based AI optimization platform startup, announced that it raised $14.7 million in Series B.
The round was joined by Stonebridge Ventures, LB Investment, DS Asset, Intervest, and Company K Partners. Nota has raised a total of $23 million.
Nota plans to expand its global business and enhance its AI optimization technology. The startup also intends to fortify its R&D team by recruiting more top-tier talents.
Company: Nota Inc.
Raised: $14.7M
Round: Series B
Funding Month: November 2021
Lead Investors:
Additional Investors: Stonebridge Ventures, LB Investment, DS Asset, Intervest, and Company K Partners
Company Website: https://nota.ai
Software Category: AI solutions and software optimization platform
About the Company: Founded in 2015, Nota is a compressed AI solutions and software optimization platform business with a focus on the B2B and B2G markets. Our mission is to accelerate and maximize the everyday use of AI in the global market. Nota's main platform solution, NetsPresso resolves Cloud and server-based AI solutions-related issues, such as limited network, excessive cost, and privacy breach. NetsPresso is an automatic model compression platform that downsizes computer vision models to a size small enough to be deployed independently on the smaller edge and low specification devices. Nota’s AI technology empowers intelligent transportation systems, facial recognition, and security and surveillance. The company’s solutions include Driver Monitoring System, Driver Authentication, and Smart Access Control System.
Source: https://www.prnewswire.com/news-releases/ai-optimization-technology-startup-nota-raises-14-7m-usd-series-b-with-recognition-from-global-enterprises-for-its-technology-301434615.html