BusinessStartUp News

Artificial Intel Startup Mad Street Den Raises Funds By Sequoia Capital

What more do the founders have in mind with this round of funding?

Mad Street Den is an India-US startup; registered in the U.S. but principally located in Chennai, India, with offices in London and San Francisco.

In recent news, the startup has raised an undisclosed amount of funding from Sequoia Capital, India.

What is Mad Street Den All About?

Mad Street Den helps increase consumer engagement through its various offerings in Artificial Intelligence and Computer Vision Modules. Be it the fashion, gaming, IOT, robotics, automotive or analytics industry, Mad Street Den is there to save the day.

Their Cloud-based platform includes object recognition, gaze-tracking, emotion-expression detection, head and facial gestures, 3D facial reconstruction. All these services are designed to help the user deliver exciting new experiences for their consumers.

Related Article: American Cloud-Based E-Discovery Startup Logikcull Raises $10mn In Series A

More about the Funding

Ex-Silicon Valley founder Asokan says that raising funds from Sequoia is a major validation of the business. In a recent interview, she goes on to explain the success of Mad Street Den in being able to meet its goals with its seed money, 18 months ago.

With this round of Series A funding, the startup will go beyond developing its core AI technology. Mad Street Den has been focusing on developing products for e-commerce via its Vue.ai sub-brand.(A computer vision and AI brand focused on fashion.)

Related Article: Online Photography Startup Canvera Raises $3 Mn

Will Mad Street Den make it even bigger with this round of funding and its current AI? Please share your thoughts in the comments section below.
Subscribe with us to get your dose of interesting news, research & opinions in the startup segment. Fill the form below:
[email-subscribers namefield=”YES” desc=”” group=”Public”]

Comments

The Author

Shubham Kumawat

Shubham Kumawat

Pursuing Masters Under-grad from George Washington University .Tech reporting interests include artificial intelligence, machine learning, and big data.

Previous post

Mukesh Ambani Invests INR 5,000 Crore For Startups

Next post

Make payments via Smartphone with Xiaomi’s Mobile Payment Service