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The Austin-based tech startup Clarify, selling a platform for video and audio search and analytics, has just closed a $1 million round of seed funding. The round was led by Projector Ventures and Silverton Partners, with participation from Blake Chandlee, Michael Rauchman, Brett Hurt, Sam Decker, and others.
“The Clarify team is thrilled to secure this funding so that we can continue to expand our platform and introduce new capabilities to developers and businesses throughout the United States,” said Paul Murphy, co-founder and CEO in a statement. “We are especially proud that Austin has embraced Clarify with open arms. Two-thirds of our funding is from Austin.”
With access to the Clarify platform and the ability to copy and paste a bit of rudimentary code, anyone can pull all sorts of data from audio and video documents, including keywords and metadata.
After existing for only two months, Clarify has seen over 400 companies sign up for its API, in communications, education, finance, and other fields. The powerful implications of Clarify's search engine have not been lost on investors.
"Clarify has an opportunity to become a high-value API platform for extracting insights from audio and video content," said Projector Ventures Managing Partner Leonid Sagalovsky, Ph.D. "We are pleased to support this team of seasoned entrepreneurs, world-class scientists and talented engineers with our investment. Also, we are happy that the vibrant high-tech Austin ecosystem gets another cool, well-funded startup in its midst."
Clarify plans to use its new wealth to add value for early adopters, continue to work on its core platform, and expand into new markets.
