Our funding comes in a crucial time for Synthesia, as we aim to fuel the next phase of growth, support product development, and enter new markets. The infusion of capital will allow us to enhance our AI-powered video platform for a diverse range of customers, including Fortune 100 companies and small businesses.
Philip Chopin from NEA highlights the unique market position of Synthesia, emphasizing their enterprise-grade solutions and traction with customers. With 60% of Fortune 100 companies on board, Synthesia is not just another video platform; it's a key player in an innovating sector.
Victor Riparbelli, CEO of Synthesia, expressed enthusiasm about the investment, stating it will enable the development of interactive and personalized video experiences for their extensive customer base, which includes thousands of small businesses and top global brands.
The recent funding round has propelled Synthesia's total capital raised to $330M, significantly valuing the company at $2.1B. This reflects investor confidence in their capability to revolutionize video communication across various sectors worldwide.
#ai-video-creation #series-d-funding #enterprise-solutions #new-enterprise-associates #market-expansion
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