Snorkel AI, a startup that helps AI labs and corporations build training data sets and simulated environments, has raised a $350 million Series E at a $3.5 billion valuation.
The new round, which was led by Insight Partners and S32, valued the seven-year-old startup at nearly triple the $1.3 billion valuation it garnered when it raised $100 million in a Series D 17 months ago. Existing investors, including Addition, Lightspeed, Greylock, GV, and Wells Fargo, also participated in the round.
Originally reported by TechCrunch. Read the full story at the original source.
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