Twelve Labs, the video search and understanding company, announced that amid significant product advances, the company has closed a $12 million seed extension round, following its initial seed fundraise last spring. This round brings the company's total seed funding to $17 million. Radical Ventures led the latest round, with participation from existing investors including early seed lead Index Ventures.

New investors include Jeffrey Katzenberg's WndrCo and Spring Ventures, as well as notable angels Jay Simons (General Partner at Bond and former President of Atlassian), Nicolas Dessaigne (Founder and former CEO of Algolia), and Lukas Biewald (Founder and CEO of Weights & Biases).