Hot AI startup ElevenLabs confirms it's raised $19 million from Andreessen Horowitz and GitHub's former CEO
ElevenLabs uses artificial intelligence to generate realistic voice recordings of written text.Year-old AI voice startup ElevenLabs has raised $19 million in early-stage funding, as venture capital investors rush to back firms in generative AI.
ElevenLabs' Series A round was co-led by venture capital firm Andreessen Horowitz, ex-GitHub CEO Nat Friedman, and entrepreneur Daniel Gross,Additional backing came from a roster of high-profile angels, including Mike Krieger, cofounder of Instagram, DeepMind cofounder Mustafa Suleyman, and Oculus VR cofounder Brendan Iribe, among others.
"We see a big set of tools for independent publishers, authors, and newsletter writers, who rely on long-form to tell a story," Staniszewski said.
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