
ElevenLabs Secures $180M to Redefine AI Voice Tech
Key Highlights:
- ElevenLabs raises $180M in a Series C round led by a16z and ICONIQ Growth, valuing the company at $3.3B.
- New investors include NEA, WiL, Valor, Endeavor Catalyst Fund, and Lunate, with continued support from Sequoia Capital, Salesforce Ventures, and others.
- Expanding voice AI technology with products like Conversational AI, ElevenReader, and Dubbing Studio for localization.
- Over 250,000 AI conversational agents built in two months, with 1M+ hours of localized audio and 10M+ sound effects generated.
- Global expansion with new R&D hubs in Warsaw and India, supporting Indic language development and AI research.
Source: Direct
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