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CloudFactory is a global leader in combining people and technology to provide a workforce in the cloud for machine learning and core business data processing. Their managed teams have experience with 150+ AI projects and can process data with high accuracy using virtually any tool. As an impact sourcing service provider (ISSP), CloudFactory creates economic and leadership opportunities for talented people in developing nations.

Trusted by 360+ companies, they annotate data for 11 of the world’s top autonomous vehicle companies and process millions of tasks a day for innovators including Microsoft, Drive.ai, Ibotta and nuTonomy. They are on four continents, with offices in the U.K., U.S., Nepal and Kenya.

Status
Current

Date of Investment
November 2019

Deal Type
Growth Capital

Headquarters
Durham, NC

Industry
Business & Consumer Services

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