Synthesia 50m kleiner perkins4/19/2023 ![]() ![]() For the record, above 35 partners at Ernst & Young have adopted the product to create ‘artificial reality identity’ or ARIs. Recently, the software company made a product called Personalize which can translate videos featuring staff members and actors into nearly 40 languages. Synthesia, alike rival companies such as STAR Labs, Wave, Brud, and Soul Machines, employs a range of AI techniques to create product demonstrations, visual chatbots, and sales videos for clients without the need for film crews, actors, cameras, and studios.įounded in 2017, the company has notably generated above 6 million videos for around 4,000 clients, including Accenture and SAP, in 2020 alone. The software company has revealed that its technology can significantly lower the expense to over $30. Sources familiar with the matter have reportedly cited that, under normal circumstances, an educational campaign might need up to 20 different scripts to address the workforce of a business worldwide. The fund will be used to support the company’s growth and advance its technology.ĪI-generated video has been gaining popularity during the COVID-19 pandemic, as conventional filming becomes risky and tricky due to restrictions. ![]() This latest funding was led by Kleiner Perkins, along with participation from MCC Ventures, Seedcamp, LDV Capital, FirstMark Capital, GV, and individual investors. Synthesia, a software company, has recently secured a Series B round worth $50 million, bringing the total funding raised to $66.5 million. ![]()
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