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Cloudfactory Acquires Hasty, A Leading Platform To Accelerate Vision Ai

PRIVATESep 08, 2022

Acquiring Company

CloudFactory

Acquired Company

Hasty

DurhamInformation TechnologySoftwareArtificial IntelligenceMachine LearningNatural Language Processing

Description

CloudFactory, a global leader in human-in-the-loop artificial intelligence (AI), today announced that it has completed the acquisition of Hasty, a data-centric machine learning (ML) platform that allows companies to build and deploy vision AI applications faster and more reliably. Combined with CloudFactory’s best-in-class workforce, the acquisition will provide clients with all the essential components needed to accelerate the development of high-performing models.

Quick answer

CloudFactory is acquiring Hasty, announced September 8, 2022. CloudFactory is based in Durham, North Carolina, United States.

How much did CloudFactory pay for Hasty?
The deal value was not disclosed.
What does CloudFactory do?
CloudFactory is a human-in-the-loop AI data platform company that helps AI leaders like Microsoft, Mitsubishi, Ibotta, and Expensify achieve AI advancements that drive innovation and deliver business value by bridging..
Where are CloudFactory and Hasty based?
CloudFactory is based in Durham, North Carolina, United States.
Who are the decision-makers at CloudFactory?
Fundz holds 1 contact at CloudFactory. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Natural Language Processing and Software

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

CloudFactory

Location

United States

Durham, North Carolina, United States

About

CloudFactory is a human-in-the-loop AI data platform company that helps AI leaders like Microsoft, Mitsubishi, Ibotta, and Expensify achieve AI advancements that drive innovation and deliver business value by bridging the gap between AI model development and real-world success. Founded in 2010, CloudFactory is on a mission to empower talented people around the world to become the skilled humans in the loop vital for unlocking AI's full potential. We’re on four continents, with offices in the UK, US, Germany, Kenya, and Nepal.

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Frequently asked

Who acquired Hasty?

Hasty was acquired by CloudFactory, based in Durham. The deal was reported on September 8, 2022. CloudFactory is privately held and operates in Information Technology.

When did CloudFactory acquire Hasty?

CloudFactory's acquisition of Hasty was reported on September 8, 2022. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Hasty do?

Everything you need to go from raw images or videos to production-ready model in one tool. No MLops skills or tricky integrations needed. It is privately held.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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