AI Startup Spyne Raises Seed Funding

AI Startup Spyne Raises Seed Funding Techiexpert.com

Spyne, which is an AI-based SaaS startup that helps creative professionals such as corporations and photographers to use their content for business growth, has now secured seed funding led by the Smile group and some other angel investors.

The recent funding will be going to be used to build deeper technology solutions to distribute and streamline massive offline content photographers have.

The company which is launched in the year 2018, it is founded by the Deepti and Sanjay Kumar.

“Our vision is to build a single platform for creative professionals, businesses, and consumers across the globe to achieve their creative goals in the most effective manner. The digital photography industry is worth nearly $110B, with millions of photographers working as freelancers on various photography assignments, producing billions of images/videos every day. There is a huge scope of innovation in the ways how content is stored, edited and distributed to clients and social media platforms presently.” says Sanjay.

The team is also working on a full spectrum of features which includes auto-tagging of millions of photos with relevant text to make them easily crawled by the Search engine Google, face detection and AI-based Photo and Video editing solution to reduce the edit time of the project from days to minutes.

“The world speaks the language of visuals. Instagram’s growth is the biggest example. On the one hand, you have creative professionals that require intuitive solutions to become more productive. At the other, you have businesses that need plenty of high-quality content to drive conversions.” says Deepti.

Spyne Management comes with a vast product, marketing & technology experience. Before launching the Spyne, Sanjay Kumar, Co-Founder and CEO were leading the large product and technology teams at Amazon, OYO, Fashionandyou, and Yatra.

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Written by Udit Agarwal

Startup/Tech News Correspondent, Responsible for gathering information on the tech companies working on IOT, AI, ML, Cloud, Mobile Technologies,

Udit can be reached at [email protected]

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