<p align="left"><strong>SAN FRANCISCO</strong> &#8212; <a title="" href="https://www.globenewswire.com/Tracker?data=OSeiZY6c7zdQYI1NcTTNBD5TpGBMHyHzHwPWK2xcEPfmWe03Wfj_LC1nXDqb3ScK1oqfws8HSNWea1L8dXsUPw==" target="_blank" rel="nofollow noopener"><u>TwelveLabs</u></a>, a video intelligence company, has raised $100 million in Series B funding. The round was co-led by NEA and NAVER Ventures with participation from Amazon, Radical Ventures, Korea Investment Partners, Index Ventures, Quadrille Capital, and Red Bull Ventures. The investment comes as TwelveLabs expands beyond video understanding models into a full-stack agentic intelligence system for video that combines perception, knowledge, and reasoning into a single architecture. For the first time, organizations and creators can put vast video archives to work as a living, searchable system, unlocking footage that was historically too hard to analyze, operationalize, or monetize.</p>
<p align="left">TwelveLabs&#8217; maturation and platform extension take place at a pivotal moment for the video intelligence market. Video represents the vast majority of the world’s data, upwards of 90%, yet most of it is opaque and inaccessible. Enterprises are rapidly moving from experimentation to production-scale deployment of video understanding technology; TwelveLabs has been at the center of this shift, establishing deep traction in media and entertainment while moving into the public sector as well, working with governments around the world to apply video intelligence to mission-critical workflows. Additional verticals, including advertising, security, sports, and automotive, continue to drive demand for the company&#8217;s platform.</p>
<p align="left">&#8220;NEA backed TwelveLabs in the early days of video intelligence — and that conviction has only deepened as they have shaped this exciting category,&#8221; said Tiffany Luck, Partner at NEA. &#8220;Jae and his team built the foundation models that set the standard for what video understanding can be. They&#8217;re purpose-built to turn millions of hours of footage into intelligence that compounds over time, and as video understanding moves from novel capability to essential infrastructure, we believe TwelveLabs is the company defining what comes next.&#8221;</p>
<p align="left"><strong>The Foundation: Genuine Multimodality</strong><br />
TwelveLabs&#8217; position is built on a foundation of category-defining research and a core principle: genuine multimodality. Not language models watching video, but models born in video. The company&#8217;s <a title="" href="https://www.globenewswire.com/Tracker?data=CJzWMXDSJM0m__mz5h_tVNwe8cSmxj51_yn7XSAXX27pgwJt6b1IsHA7TOBjKK8TWdo49cA2GZHTioIBZbiiCernUFB6Lsj_4XYPwdlvoFE=" target="_blank" rel="nofollow noopener"><u>Marengo 3.0</u></a> model, released late last year, represents the world&#8217;s <a title="" href="https://www.globenewswire.com/Tracker?data=E6dkVj5WkedP_af1qrflt8aiwVJ2XgytF7OPQ2h86pE8LROz9gZur316furCfyX7yr6iqjVOiN3l1mDDqlXtCtKwKM9OEjUTSAz1axcvTRDBzHiPLjlNbTYT6fGrTABCoj7WdkkB7L61oIIOkhfqpg==" target="_blank" rel="nofollow noopener"><u>most powerful video embedding model</u></a>. It understands every sound, every word, every motion on screen across time, turning raw video into a semantic layer that machines and AI can understand and search at scale.</p>
<p align="left">Working alongside Marengo, the company&#8217;s recently released <a title="" href="https://www.globenewswire.com/Tracker?data=idSsvwQ4xdAuGtOHUnUc-sevR7aSU868je1C6ipv5dvk1zjdMSeSiN0xogAsOl3hcWOcN4nJZIPeTz3TAH_ZFakrWPc9ShWQz0JRaiLyqAYlHRDMqABeqlb04MWqCXX3" target="_blank" rel="nofollow noopener"><u>Pegasus 1.5</u></a> model turns video into structured data: scene boundaries, entities, temporal segments, and semantic context the system can reason with. Pegasus functions as a domain-specific language for video understanding, making raw footage parseable by any intelligent system built on top, the same way markup languages make raw documents parseable by browsers.</p>
<p align="left">Together, these models form the perception that powers everything TwelveLabs builds, and everything its customers and partners build on top. Both models are distributed through Amazon Bedrock and through TwelveLabs&#8217; own API.</p>
<p align="left">&#8220;TwelveLabs was the first investment NAVER Ventures ever made, and co-leading their Series B is the strongest expression of conviction we can offer,&#8221; said YJ Park, General Partner at NAVER Ventures. &#8220;When we first met Jae, he described TwelveLabs as the visual cortex for future AI agents. That framing has only sharpened over time. As agents and machines move into roles where they need to perceive and reason about the physical world, video is the modality that matters most, and TwelveLabs is the team building that capability with the depth the problem demands. We are proud to co-lead this round.&#8221;</p>
<p align="left"><strong>From Models to a Full-Stack Agentic Video Intelligence System</strong><br />
Most of the world&#8217;s data lives in video, yet the intelligence inside it remains out of reach. The tools of the LLM era were built for text. Applied to video, they sample a few frames, miss everything in between, and start from zero with every query. Brute-force fixes fail in both directions. Feeding entire video libraries into a model&#8217;s context window would require compute and technology that doesn&#8217;t exist, at a cost no enterprise could justify.</p>
<p align="left">Converting video into a static database creates structure, but no intelligence capable of acting on it.</p>
<p align="left">TwelveLabs&#8217; new agentic architecture unites both halves. The system builds a structured, persistent memory of every video it ingests, then reasons across all of it. The more content it indexes and the more analysis it runs, the more capable it becomes. This is intelligence that compounds with every video processed, not a tool that resets with every query.</p>
<p align="left">Delivering this requires owning the entire stack. Because TwelveLabs builds its own perception, knowledge, and reasoning layers, along with the orchestration that binds them from the moment a video enters the system, the result is cohesive intelligence rather than an approximation. That end-to-end ownership is what makes infrastructure reliable and durable.</p>
<p align="left">With models proven in production by leading enterprises and the agentic infrastructure to unlock new user cases, TwelveLabs is now moving up the stack into applications that put the full system in the hands of creators, operators, and decision-makers, no integration required. The company took its first step earlier this month with the launch of Rodeo, its first application-layer product.</p>

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