Tagasauris, a platform used for tagging, categorizing, labeling and organizing media, has closed a $900,000 funding round on SeedInvest. The proceeds will be directed to hiring and scaling the company.
Tagasauris is a patent-pending, human assisted platform describing the content of a picture or video and how it relates to the rest of the web to a computer so the content becomes highly searchable at web-scale. According to a release it is already being used by Disney, AOL and ABC.
Led by one of IBM’s original Watson team members, Tagasauris employs experts in the fields of linked data, dynamic semantic publishing, and human-assisted computing.
The company’s development impressed investors.
“Tagasauris is well positioned with their platform to capitalize on the explosive growth potential of the emerging hyper media marketplace,” says SeedInvest investor Bart Rollert of Plan B Ventures.
Tagasauris CEO Todd Carter said his company’s roots fit well with the pursuance of funding on SeedInvest.
“Tagasauris’ roots lay in crowdsourcing and human computation. Our premise going into this round with SeedInvest was, ‘let’s eat our own dog food’ and adopt a crowd-driven approach to financing. SeedInvest provided an ideal soapbox for Tagasauris to present its vision of an A.I. platform that bridges the gap between people and the overwhelming amount of visual content surrounding them online.”
Tagasauris helps individuals and organizations scale their business processes by decomposing knowledge-intensive tasks into workflows comprised of discrete micro-tasks that are powered by humans and machines.