L

Lightly

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Company Research Report: Lightly AG





Company Overview



  • Name: Lightly AG

  • Mission: To become the number one active-learning platform for machine learning that manages all data flows, starting from collection devices and vehicles to data storage.

  • Founded: No specific founding date provided. Developed through research in computer vision at ETH Zurich with an initial prototype around 2019.

  • Founders: Igor Susmelj and Matthias Heller.

  • Key People:

  • Igor Susmelj: Responsible for technical development. Background in Electrical Engineering from ETH Zurich.

  • Matthias Heller: Responsible for strategy and growth. Educational background from University of St. Gallen and HEC Paris.

  • Headquarters: Schützengasse 23, 8001 Zurich, Switzerland.

  • Number of Employees: No information is available.

  • Revenue: No information is available.

  • Known For: Smart data selection for machine learning, particularly in reducing data labeling costs, improving model performance, and optimizing data curation processes.


Products



LightlyOne


  • Description: A suite enabling data insights and data selection to improve machine learning models.

  • Key Features:

  • LightlySelect: Automatically discovers the most valuable data for labeling and uses active learning to boost training efficiency.

  • LightlyView: Data viewer and report feature that provides statistical insights and supports data set exploration.

  • LightlyAutomate: Automates data selection pipelines with functionalities for team collaboration.


LightlyEdge


  • Description: Focuses on smart data capturing directly on devices to ensure only the most valuable data is captured.

  • Key Features: Precision in data capture that streamlines pipeline processing and reduces redundancy.


LightlyTrain


  • Description: Utilizes self-supervised pretraining methods to enhance model training.

  • Key Features: Incorporates self-supervised learning techniques to improve data curation and reduce costs associated with data labeling.


Recent Developments



  • Recent Developments:

  • Accepted into the Y-Combinator accelerator in 2021.

  • Raised a Seed round of $3 million led by Wingman Ventures and Soma Capital.

  • Established a U.S. entity called Lightly Inc. to increase U.S. footprint.


  • New Products: No information is available regarding new products launched recently.


  • New Features: Enhanced active learning and multi-factor querying functionalities added to the Lightly platform to improve performance and streamlining of ML pipelines.


  • Partnerships:

  • Collaborated with SDSC for enhanced frame selection in surgical videos, significantly speeding up labeling processes.

  • Integration partnerships with AI Industry partners like Sama, Keymakr, and Humans in the Loop to enhance data annotation services and workflow capabilities.


Testimonials & Case Studies



  • SDSC: Highlighted for significantly improving the process of frame selection in surgical videos, achieving a 10x increase in labeling speed.

  • Voxel AI: Spearheaded efforts leading to halving customer onboarding time and doubling deployment efficiency.

  • Rabot: Enhanced data processing speed, doubling customer onboarding rate while improving ML model accuracy by 10%.

  • AI Retailer Systems: Provided efficient filtering solutions leading to reduced data redundancy and improved accuracy in object detection models.


Conclusion



Lightly AG is highly specialized in providing machine learning data optimization solutions, partnering with key players in the industry to revolutionize data annotation and deployment processes. The company's focus on active learning and self-supervised learning showcases its commitment to leading-edge innovations in the AI landscape.



This report is structured only around the information provided, with fields marked as "No information is available" where applicable data is missing.