Twelve Labs Inc.
Twelve Labs builds multimodal video understanding foundation models that map natural language to video content including actions, objects, and background sounds. The startup enables developers to create applications for semantic video search, scene classification, summarization, and chapter generation. Founded by Jae Lee and co-founders from the tech industry, the company focuses on enterprise, media, entertainment, and security use cases.
December 2024 raised $30M (Series B extension) led by SK Telecom, Databricks, and Snowflake. Partnerships with AWS SageMaker HyperPod for model training. Strategic backer In-Q-Tel (CIA venture arm). Marengo-2.6 and Pegasus-1 multimodal models. 30,000+ developers using platform.
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