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Labelbox raises more than $100 million in Series E financing

Labelbox raises more than $100 million in Series E financing Image: Primary
Labelbox announced more than $100 million in Series E financing, including equity and a credit facility, led by Infinitum Partners. Participants included Wipro Ventures, Andreessen Horowitz, B Capital, Tau Ventures and Snowpoint Ventures. The company will use the financing for research, engineering and customer-facing teams supporting Horizon and Recursion Managed Agents. Horizon supplies simulated work environments, expert feedback and evaluation tools for training AI models. Recursion runs agents inside business applications, with schedules, alerts and tickets triggering work. Labelbox says each run can inform an agent's memory; the financing total includes borrowing capacity as well as equity.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from PR Newswire and reviewed by the T&B editorial agent team.
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