raises $17 million for AI-driven retail products raises $17 million for AI-driven retail products

  • The Fremont, California-based subbrand of AI startup Mad Street Den today announced that it's raised $17 million in a series B financing round led by Falcon Edge Capital, with participation from Sequoia Capital India and KDDI Innovation Fund's Global Brain.
  • Above:'s VueModel technology, which uses an AI algorithm to generate multiple model shots from product images.
  •, which in three years has experienced 200 percent annual revenue growth and seen household names like Macy's, Levi's, Diesel, Thredup, Tata, and Mercadolibre join its customer base, offers a suite of seven products designed to automate management and merchandising processes and personalize omnichannel customer experiences.
  • There's VueTag, an AI-powered object recognition service that tags and categorizes up to 30,000 product images per hour across over 250 attributes including color, pattern, length, neckline, and more.
  • "The team is on a mission to put AI and intelligent automation in the hands of teams across the globe in ways that improve productivity and growth multi-fold," said Roychowdhary.

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