| Market Capitalization (Millions $) |
85 |
| Shares
Outstanding (Millions) |
94 |
| Employees |
446 |
| Revenues (TTM) (Millions $) |
90 |
| Net Income (TTM) (Millions $) |
-107 |
| Cash Flow (TTM) (Millions $) |
2 |
| Capital Exp. (TTM) (Millions $) |
5 |
Business Description
Veritone Inc. is a leading artificial intelligence (AI) technology and solutions provider with headquarters located in Costa Mesa, California. The company was founded in 2014 by Chad Steelberg and Ryan Steelberg and has since grown rapidly to become a leading player in the AI industry.
Veritone's flagship product is the aiWARE operating system, which is an AI-powered platform that enables businesses, government agencies, and media organizations to automate and enhance their workflows through deep learning and cognitive computing. The platform allows users to extract insights and valuable metadata from audio, video, and structured data sources, which can be integrated into various applications to help organizations make informed decisions.
Veritone's customers include global media conglomerates, large corporations, government agencies, and legal firms, among others. The company's solutions are used for a wide range of use cases, such as media asset management, content compliance, audio and video analysis, and compliance monitoring. Veritone's products are designed to streamline complex processes and enable users to achieve better results while reducing the burden of manual work.
The company's business model is based on subscription-based licensing, which provides customers with access to proprietary AI technology, tools, and services. Veritone also offers professional services to help customers with the integration and customization of their products.
Veritone's success can be attributed to its innovation and dedication to driving the AI industry forward. The company has several patents and proprietary technologies that have gained recognition and awards from the industry and users alike. In 2019, Veritone was named a finalist in the SaaS Awards, and its aiWARE platform was selected as one of the top 20 AI platforms by Analytics Insight.
The company has partnerships with leading technology providers, including Amazon Web Services, Microsoft Azure, and Google Cloud, which provide access to advanced AI capabilities and infrastructure. Veritone has also made strategic acquisitions in recent times to expand its capabilities, such as the acquisition of Wazee Digital in 2019, which added advanced video asset management and distribution to its portfolio.
Overall, Veritone Inc. is a dynamic, innovative company that is focused on driving the AI industry's growth and evolution. Its aiWARE platform has made it an industry leader in AI technology and solutions, enabling it to serve a wide range of applications and industries.
Company Address: 5291 California Avenue Irvine 92617 CA
Company Phone Number: 507-1737 Stock Exchange / Ticker: NASDAQ VERI
|
125.87 %