Clipto raises $15M at $250M valuation for AI video search tool
Clipto, a San Francisco-based startup with teams in Singapore and Hong Kong, closed a $15 million all-equity funding round that values the company at $250 million. The startup's software indexes videos, audio, images, and meeting recordings stored on a user's computer, letting people find files by describing them in natural language or through AI assistants like ChatGPT and Claude. Founder Henry Kang, whose prior startup ZenVideo was acquired by Tencent in 2020, built Clipto around the idea that AI has created a glut of unused content rather than a shortage of it.