AI voice startup
recently raised $80 million. This brings the company's valuation to an impressive $1.1 billion. Just two years after its founding, former employees of Google and Palantir have achieved this milestone. Key investors such as Andreessen Horowitz, Nat Friedman, and Daniel Gross, along with Sequoia Capital and SV Angel, played a crucial role in this Series B funding round.
Impact on businesses and organizations
This development promises a significant impact on various sectors. With its expertise in voice cloning and synthesis, ElevenLabs announces the expansion of its services. This includes, among other things, a tool for dubbing films and an innovative marketplace where users can sell their cloned voices. This advancement opens new doors for content creation and distribution, eliminating language and dialect barriers.
From inspiration to innovation
Founders Piotr Dabkowski and Mati Staniszewski, inspired by the challenges in dubbing they personally encountered, established ElevenLabs with the mission of making content universally accessible. Their AI technology, which now boasts over a million users, enables the authentic cloning and synthesis of voices and languages, setting a new standard in content distribution.
Innovations and Future Plans of ElevenLabs
The company also plans to further develop its AI voice technology, including a Dubbing Studio workflow and a Voice Library. These developments provide both professional users and content creators with advanced tools for production and distribution. With these steps, ElevenLabs is firmly committed to leading the market in voice AI research and product implementation, while preparing for future expansions and innovations in the rapidly growing sector of AI-driven voice and speech generation.
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