Spectrum Labs, the San Francisco-based platform focused on tracking and flagging the toxic content over the web using Artificial Intelligence algorithms and few API sets, has secured US$10 million on 24th September 2020 in its A-Series funding round, which the company is planning to utilize in growing its platform.
Technology investments and VC Greycroft led the funding, alongside the participation of Wing VC, Global Founders Capital, Ridge Ventures, and Super {set}. To date, Spectrum Labs has raised US$14 million as funding.
About Spectrum Labs
Spectrum Labs has assembled AI algorithms and API sets that are utilized to manage, track, flag, and put an end to stop the toxic traits prevailing over the internet like hate speeches, radicalization, harassment, illegal solicitation, and other 40 toxic behaviors in English and multiple other languages. The startup is associated with many companies that include gaming networks, marketplaces, online dating websites, DTC brands, and other organizations that want to track down this kind of behavior in their internal conversations.
Spectrum Labs ensures to assist companies in safeguarding their platforms and operating them in the way they are meant to. The context of the algorithm and norms are unique to platforms and businesses. Each of the models created for identifying behavior can identify and distinguish inappropriate comments or toxic actions so that they can address any of such content with precise accuracy and punctuality.
The idea behind Spectrum Labs
The platform offered by Spectrum Labs is known as “guardian” that is in a dashboard form and can be easily integrated into one’s system. The CEO of SL Justin Davis says they started their platform in the wake of the last US elections in 2016 when he and Josh Newman (co-founder) dropped their tech marketing jobs and found themselves passionate about working for something that can help people and organizations to eradicate online toxicity. They all hailed from Krux and felt it was something that has a big role in election results but also in the establishment of major rifts.
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