The American software startup, Algorithmia that raised USD 2.4 million last August to connect academics and app developers by building powerful algorithms.
Founded in 2013, Algorithmia, has over 800 algorithms in the marketplace, thus providing the smarts needed to do various tasks in the fields of machine learning, audio and visual processing, and even computer vision.
According to San Francisco based techcrunch .com, Algorithm developers can host their work on the site and charge a fee per-use to developers who integrate the algorithm into their own work.
The platform encourages further additions to its library through a bounty system, which lets users request algorithms that researchers familiar with the field can contribute from their work or develop from scratch for a fee.
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