AI Platform Gains $10 Million in Series A Funding
Arraiy, a computer vision and machine learning platform for the motion picture and television industry, raised over $10 million in Series A funding. The round was led by Lux Capital and Softbank Ventures, with new participation from Dentsu Ventures and Cherry Tree Investments, and continued participation from IDG Capital and CRCM Ventures.
Headquartered in Palo Alto, Arraiy is reportedly collaborating with major studios, industry veterans, and award-winning artists to “re-invent the filmmaking process with self-improving AI at its core.”
Arraiy will use the capital to grow its team, scale its product portfolio, and fuel expansion in the professional film market.