2 years ago
ElevenLabs Raises $19M in Series A Funding
ElevenLabs, a London-based voice technology research company, has raised $19 million in Series A funding led by Nat Friedman, Daniel Gross, and Andreessen Horowitz, with participation from multiple venture capital firms and angel investors.
ProblemTechnology
"Creating realistic and high-quality synthetic voices for a range of applications is a challenge. Existing solutions are often limited in terms of naturalness, flexibility, and control over voice characteristics."
Solution
"ElevenLabs has developed text-to-speech software that allows users to generate synthetic voices, clone existing voices, and create entirely new voices with customizable characteristics, providing a more versatile and natural-sounding alternative to traditional voice synthesis."