Video indexing software developer Moments Lab is enjoying a fruitful rebirth. Known as Newsbridge until early 2024, a rebrand pivoted the company towards multimodal and generative AI targeted at media companies. After doubling recurring revenue in the last 12 months, Moments Lab has now successfully attracted a fresh $24 million funding round. At a time when it feels like most video infrastructure vendors are being quietly prepared for the shop window, this cash injection for Moments Lab is a prompt about investors’ keen interest in the potential for agentic AI to revolutionize content discovery. With Moments Lab based in the Western suburbs of Paris, the news is also a reminder of France’s video R&D pedigree, although the company has said…