Clipto uses AI to search terabytes of video and is now valued at $250M
Generative AI is making it easier to produce more content and harder to keep track of it. As videos, recordings, and documents accumulate, Adobe, Apple, Google, and a growing number of startups are using AI to make those files searchable. It is not yet clear whether that will support a new category of standalone software or become a standard feature of products people already use.
Clipto is betting there is room for a separate product. The San Francisco-headquartered startup, which also has teams in Singapore and Hong Kong, has raised $15 million in an all-equity round at a $250 million post-money valuation. The investors include HSG, formerly Sequoia China, GL Ventures, EnvisionX Capital, Palm Drive Capital, Hans Tung, Lu Zhang, and 522 Ventures.
Clipto indexes videos, audio, images, meetings, and other files on a user’s computer. Instead of scrolling through folders to find what you need, users can search by...
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