Datagen
 | |
| Company type | Private company |
|---|---|
| Industry | Data technology |
| Founded | 2018[1] |
| Founders |
|
| Headquarters | , |
Area served | Worldwide |
Key people | |
| Website | datagen |
Datagen was a multinational software company founded in 2018 by Ofir Chakon and Gil Elbaz. The company provides a platform for generating synthetic data for virtual reality (VR), augmented reality (AR), computer vision (CV), and artificial intelligence (AI), namely, self-driving cars, robotics and IoT security.
History
[edit]Datagen was founded in 2018 by Israeli Technion graduates Ofir Chakon and Gil Elbaz.[1] The initial inspiration for creating what later was to become Datagen was a video of Facebook founder, Mark Zuckerberg, demonstrating Oculus.[2]
The Datagen platform is used to generate synthetic data used in computer vision AI while rendering the production of 2D and 3D imagery, by other means, for the purpose of training AI models, obsolete.[3][4] The company claims it can reduce the time needed to create AI training data from days to a few hours.[2][5] Datagen states that this will result in better-trained and more useful AI systems.[2][6]
In 2021, the company recruited new executives from several other tech corporations: Tal Darom (a past senior executive at Amazon in Israel), Jonathan Lazerson, Karin Regev, and Hadas Scheinfeld (a former executive at Google).[7]
In 2022, the company announced that it raised $50 million in a Series B funding round.[1][3]
In 2024, the company announced that it has decided to close down the business even though 20 million dollars remained in the bank.[8]
References
[edit]- ^ a b c Shulman, Sophie (23 March 2022). "Datagen raises $50 million for artificial intelligence data simulator". Calcalist. Retrieved 26 March 2022.
- ^ a b c "20-Minute Leaders "Our DNA is implanted so deeply in the culture that other people live and breathe the values we started with."". Calcalist. 1 February 2022. Retrieved 26 March 2022.
- ^ a b "Israeli simulated data co Datagen raises $50m". Globes. 24 March 2022. Retrieved 26 March 2022.
- ^ Ruthy, Levy (23 March 2022). "הסימולטור שפותר את כאב הראש הגדול של מפתחי הבינה המלאכותית". TheMarker (in Hebrew). Retrieved 26 March 2022.
- ^ Yablonko, Jasmine (1 October 2019). ""אנחנו בונים סימולטור שילמד מכונות להבין את העולם האמיתי"". Globes (in Hebrew). Retrieved 26 March 2022.
- ^ Sevillia, Lee (4 November 2021). "העולם צמא לדאטה סינטטי ו-Dategen מגייסת עשרות מפתחים" (in Hebrew). Walla!. Retrieved 26 March 2022.
- ^ Rosenthal, David (22 September 2021). "נבחרת של 4 בכירים הצטרפה לסטארטאפ Datagen" (in Hebrew). Walla!. Retrieved 26 March 2022.
- ^ "20 million dollars remained in the bank, but the company decided to close: the mystery behind the death of Data Gen". Themarker. 8 July 2023. Retrieved 8 July 2023.
External links
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