TwelveLabs raises $30M to make video as searchable as text
TwelveLabs just locked in $30 million in fresh strategic funding, bringing its total to $107.1 million, to advance its dedicated video search and analysis AI. Backed by Snowflake, Databricks, and In-Q-Tel, the startup also hired former SK Telecom CTO and Siri architect Yoon Kim as president. Why it matters: While tech giants push general multimodal models, TwelveLabs bets purpose-built video models will dominate enterprise archives and security workflows.