Indonesian AI-based NLP platform Datasaur snags US$1M funding from GDP Ventures
Datasaur, Indonesia-based NLP platform that categorises phrases to increase the understanding of computer system towards language and context, has raised US$1 million in extended investment from GDP Venture. The round was also joined by several angel investors like Calvin French-Owen, Co-founder and CTO of Segment.
As reported by DailySocial, the company will use the funding to strengthen the platform capability, minimise the bias in text-labelling, and increase privacy and data security, something that’s regarded as a crucial aspect of AI-based NLP and used to be outsourced.
“We basically handle all kinds of NLP, including entity recognition, parts of speech, document labeling, coreference resolution, and dependency parsing. We’ve built the intelligence into our system to make labeling more efficient and accurate, allowing companies to manage all their labeling systems in one easy platform,” said Founder and CEO Datasaur Ivan Lee.
Datasaur team is joining the Y Combinator accelerator batch Winter 2020 in San Francisco.