Qloo: Difference between revisions
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'''Qloo''' (pronounced "clue")<ref name="pbond"/> is a [[AI|Cultural |
'''Qloo''' (pronounced "clue")<ref name="pbond"/> is a [[AI|Cultural Artificial Intelligence]] platform. It operates via an application programming interface (API) providing developers and enterprises with cultural correlations in real-time.<ref name=culturalai>{{Cite web|url=http://social.techcrunch.com/2016/06/15/leonardo-dicaprio-barry-sternlicht-back-qloo-a-cultural-recommendation-engine/|title=Leonardo DiCaprio, Barry Sternlicht back Qloo, a cultural recommendation engine|last=Kolodny|first=Lora|website=TechCrunch|access-date=2016-06-15}}</ref> It was founded by [[Alex Elias]] and has received funding from [[Leonardo DiCaprio]], [[Barry Sternlicht]] and also [[Pierre Lagrange]]. |
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Qloo establishes consumer preference correlations via [[machine learning]] across multiple proprietary, customer and open-source data across cultural domains including music, film, television, dining, nightlife, fashion, books and travel. The [[Recommender systems|recommendation engine]] and [[AI|cultural AI]] platform then is able to power correlations for further applications and further map correlations in the process.<ref name=culturalai /> |
Qloo establishes consumer preference correlations via [[machine learning]] across multiple proprietary, customer and open-source data across cultural domains including music, film, television, dining, nightlife, fashion, books and travel. The [[Recommender systems|recommendation engine]] and [[AI|cultural AI]] platform then is able to power correlations for further applications and further map correlations in the process.<ref name=culturalai /> |
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Revision as of 15:42, 16 February 2017
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Type of site | Private |
|---|---|
| Gegründet | 2012 |
| Hauptsitz | New York, NY |
| Founder(s) | Alex Elias Jay Alger |
| Key people | Alex Elias (CEO) Jay Alger (COO) |
| Industrie | Internet Artificial Intelligence API |
| URL | qloo |
Qloo (pronounced "clue")[1] is a Cultural Artificial Intelligence platform. It operates via an application programming interface (API) providing developers and enterprises with cultural correlations in real-time.[2] It was founded by Alex Elias and has received funding from Leonardo DiCaprio, Barry Sternlicht and also Pierre Lagrange.
Qloo establishes consumer preference correlations via machine learning across multiple proprietary, customer and open-source data across cultural domains including music, film, television, dining, nightlife, fashion, books and travel. The recommendation engine and cultural AI platform then is able to power correlations for further applications and further map correlations in the process.[2]
Qloo has affiliate partnerships with companies such as Expedia and iTunes.[1]
History
Qloo was founded in 2012 by Chief Executive Officer, Alex Elias and Chief Operating Officer, Jay Alger.[3] Elias was formerly a hedge fund manager with APE Capital, prior to founding Qloo.[4][5][6] Alger was formerly the CEO of the digital agency, Deepend. [7][1]
It was first introduced as a website in a private alpha mode in April 2012. Qloo was then released as a public beta release in November 2012 after its initial round of funding.[8][9] It was officially launched on November 14, 2013, as a website and an iPhone app.[4] The company released an Android version of the app sometime later, as well as tablet versions, in mid-2014.[10][11]
In 2016, Elias and Alger announced that they had secured $4.5 million in funding via a Series A funding round.[12] The $4.5 million was split between a number of investors, including Barry Sternlicht, Pierre Lagrange and Leonardo DiCaprio. [13]
Following the investment, the founders stated in an interview with Tech Crunch that they would use the investment to expand Qloo's database. They hoped the move would secure larger contracts with corporate clients.[13] At the time, clients already included Fortune 500 companies such as Twitter, PepsiCo and BMW.[14]
Services and features
Qloo is a cultural AI platform and provides real-time correlation data across domains of culture and entertainment including: film, music, television, dining, nightlife, fashion, books and travel.[15] Each category contains subcategories.[16]
Qloo’s AI is cross-domain in that knowledge of a user's taste in one category can be utilized to offer suggestions in other categories.[8][17] Users then rate the suggestions, providing the app with feedback to inform future suggestions.[4] Unlike other recommendation engines that only analyze user interest in a specific field, Qloo's intention is to provide a more complete Cultural AI by basing its suggestions on consumer taste and attribute data across a range of fields.[1][7][4][11]
Finanzbranche
In 2012, Qloo raised $1.4 million in seed funding from investors including Cedric the Entertainer, Danny Masterson, and venture capital firm Kindler Capital.[7][10][17] The following year, the company raised an additional $1.6 million from Cross Creek Pictures founding partner Tommy Thompson, and Samih Toukan and Hussam Khoury, founders of Maktoob, an Internet services company purchased by Yahoo! for $164 million in 2009.[1]
In 2016, Qloo closed $4.5 million in Series A round of venture funding in order to support growth of its cultural AI recommendation engine.[2] Investors in the round included actor Leonardo DiCaprio, Starwood Hotels founder Barry Sternlicht, Pierre Lagrange of GLG Partners, and Adriaan Ligtenberg's AllMobile Fund.
References
- ^ a b c d e Paul Bond, “New Digital Firm Qloo Raises $3 Million From Hollywood Insiders,” The Hollywood Reporter, November 14, 2013.
- ^ a b c Kolodny, Lora. "Leonardo DiCaprio, Barry Sternlicht back Qloo, a cultural recommendation engine". TechCrunch. Retrieved 2016-06-15.
- ^ Jon Swartz, “Getting a Qloo on where to find similar tastes,” USA Today, November 8, 2012.
- ^ a b c d Matthew Flamm, “Cedric the Entertainer gets a Qloo,” Crain's New York Business, November 14, 2013.
- ^ Joao-Pierre S. Ruth, “Qloo, Now Out of Beta, Wants to Learn Your Different Cultural Tastes,” Xconomy, November 14, 2013.
- ^ Jessica Naziri, “Start-up Sunday: Qloo, a ‘cultural discovery’ search engine,” Los Angeles Times, March 17, 2013.
- ^ a b c Lora Kolodny, “Cedric The Entertainer: Building An Audience Is Like Building A Startup,” Wall Street Journal, November 19, 2013.
- ^ a b Brian Anthony Hernandez, “Qloo Finds New Things For You To Watch, Read, Listen, Eat and Wear,” Mashable, November 29, 2012.
- ^ Ki Mae Heussner, “With $1.4M, Qloo finds films, fashion, food and more that match your taste,” GigaOm, November 8, 2012.
- ^ a b Todd Spangler, “Recommendation App Qloo Raises $1.6 Mil from Investors Including Producer Tommy Thompson,” Variety, November 14, 2013.
- ^ a b Sara Clayton, “Alumnus creates standout recommendation app,” Daily Trojan, January 14, 2014.
- ^ "Recommendation service Qloo closes Series A with DiCaprio as a backer". Biz Journals. June 15, 2016.
- ^ a b Kolodny, Lora (June 15, 2016). "Leonardo DiCaprio, Barry Sternlicht back Qloo, a cultural recommendation engine". TechCrunch.
- ^ Chakrapani, Harini (June 15, 2016). "Leonardo DiCaprio is the latest celebrity to invest in this Manhattan startup". Crain Communications.
- ^ Alan McGlade, “Cracking The Code For Film Marketing,” Forbes, December 27, 2013.
- ^ Dani Fankhauser, “If You Like Taylor Swift’s Music, You Might Enjoy These Books,” Mashable, December 21, 2013.
- ^ a b Catherine Shu, “With $3M In Funding, Qloo Launches To Let You Discover Interesting Content In Eight Categories,” TechCrunch, November 14, 2013.