Twelve Labs lands $100M from Amazon, NEA and Naver to build AI for video archives
The multimodal video AI startup deepens its ties with major cloud providers as it builds technology to make video data as searchable as text
Twelve Labs Inc. has raised $100 million in a Series B round backed by Amazon.com Inc., NEA Management Co., Naver Ventures, Radical Ventures, Index Ventures, Korea Investment Partners and others.
Twelve Labs said AWS will host its workloads on Trainium chips under a multi-year agreement and offer its new models to developers building AI applications.
Founded in 2021 and headquartered in San Francisco, Twelve Labs is an AI startup developing multimodal, video-native foundation models that enable machines to search, understand and analyze video much like humans.
The company aims to become the universal intelligence layer for video, helping organizations unlock the value of vast video archives through AI-powered search, reasoning and automation.
Prior to its Series B financing, Twelve Labs raised a $50 million Series A in 2024 co-led by NEA and NVIDIA’s NVentures, with participation from Index Ventures, Radical Ventures, and Korea Investment Partners.