Ziotag Inc. completes over $500K pre-seed spherical funding to leverage AI and remodel the best way folks watch video
Ziotag Inc., a pioneering New York space startup that makes use of Synthetic Intelligence (AI) to make looking and navigating video content material a seamless expertise, just lately introduced that it has accomplished a $500K+ pre-seed spherical, led by GITP Ventures. With the announcement, GITP Ventures’ founder Michael Puscar joins the Ziotag founder staff as the corporate’s new Chief Know-how Officer.
Ziotag’s groundbreaking platform leverages AI and semantic internet expertise to routinely generate an Actionable Desk of Contents (AToC) for any video or audio content material. The platform breaks the media into chapters and sections, referred to as ‘ziotags’, permitting customers to leap on to essentially the most related a part of the content material.
With Ziotag, enterprises can routinely seek for sections of video by matter, speaker, or each. This may enable them to create customized coaching packages for his or her workers, companions, and clients with only some clicks. Ziotag takes remoted islands of data and makes them shareable, reusable, and most significantly, instantly discoverable and accessible.
Ziotag’s pre-seed spherical is led by distinguished investor and technologist, Puscar, who’s the founder and President of GITP Ventures. Puscar is a hi-tech veteran and profitable angel investor, who most just lately bought his firm, Yuxi Pacific, to personal fairness agency Blue Loop Capital. As a part of this funding, Puscar is assuming an energetic position in Ziotag, which incorporates serving as the corporate’s Chief Technical Officer and chief architect of the expertise.
“Ziotag is reworking the best way that folks work together with video and delivers a extra satisfying expertise when looking, navigating and sharing content material. Having Michael Puscar be a part of the group validates our imaginative and prescient and accelerates our development. Previous to Ziotag, discovering and sharing parts of lengthy format movies was virtually unimaginable except you’re a skilled video editor,” says Ziotag CEO Jeffrey Paul. “With Ziotag, it’s not solely attainable, however it’s additionally quick and straightforward. Now, non-technical customers can harness the ability of AI to make their movies simple to observe, navigate, and share.”
Along with the AToC, the expertise platform makes use of speaker diarization expertise to establish audio system in movies, tagging them, and storing a novel biometric profile. This permits for highly effective searches that in flip enable customers to seek out sections of movies based mostly upon each the speaker and the subject of dialog.
Presently in closed beta, Ziotag’s product launch shouldn’t be distant, in keeping with Puscar, who calls the corporate’s expertise ‘transformational’ and says that he expects adoption of the platform to vary not solely the consumption sample of customers however of enterprises as effectively.
With the funding, Puscar turns into the corporate’s fourth founder, becoming a member of co-founders, Jeff Paul, Steve Durham, and Todd Giannattasio. CEO Jeff Paul indicated that the corporate will pursue a seed spherical earlier than the top of Q1 2020.
Disclosure: This text features a shopper of an Espacio portfolio firm.
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