ElevenLabs Releases New AI Products and Raises $80M Series B
Blog post from ElevenLabs
ElevenLabs, a prominent voice technology research company, has secured an $80 million Series B funding round, co-led by Andreessen Horowitz and others, to bolster its leadership in voice AI research and product development. The company is unveiling new products, including a Dubbing Studio for movie dubbing and transcript editing, a Voice Library marketplace for monetizing AI voice replicas, and a Mobile Reader App for converting text and URLs into audio. ElevenLabs' technology is widely used across sectors such as publishing, gaming, and media, and is employed by 41% of Fortune 500 companies. The firm has been instrumental in improving content accessibility through its AI solutions, which allow for natural speech synthesis across multiple languages and accents. The new funding will support the advancement of research, expansion of infrastructure, development of new products, and the enhancement of safety measures for responsible AI development, ensuring all generated content is identifiable.
| Trend | Post Mentions | Total Month Mentions | Posts | Companies | MoM |
|---|---|---|---|---|---|
| Voice AI | 14 | 303 | 41 | 13 | +14% |
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