Helia Acquired By Scale AI
December 1, 2020: Helia, a San Francisco based computer vision company, today announces it has been acquired by Scale AI. Helia was founded in 2019 by Russell Kaplan, Daniel Berrios, and Ashwin Sreenivas to structure and understand the world’s video.
Typical software systems do not understand what is happening in video data, because the data consists of an unstructured stream of pixels. Helia’s software uses deep learning to glean insights from video that are actionable at scale. Previously, Helia had raised $3 million in funding from a premier group of venture capital firms and individual Silicon Valley angel investors, including Neo, Abstract Ventures, and Kevin Hartz, the co-founder and chairman of Eventbrite. Financial terms of the acquisition were not disclosed.
About Helia’s Founders: Helia was founded by Russell Kaplan, Ashwin Sreenivas, and Daniel Berrios. Russell Kaplan, CEO, was formerly a senior machine learning scientist at Tesla, and has undergraduate and graduate degrees in AI from Stanford University. Ashwin Sreenivas, CTO, was formerly a deployment strategist at Palantir Technologies, and has undergraduate and graduate degrees in computer science and AI from Stanford University. Daniel Berrios, COO, worked in the TMT investment banking group at Goldman Sachs, and has a degree in economics from Stanford University.