AI Video Creation App Raises $25M from Top VCs for Captions Feature

Date:

Captions, an AI-powered video creation app for iOS, has raised $25 million in Series B funding led by Kleiner Perkins and including additional funding from Sequoia Capital, Andreessen Horowitz, and SV Angel. The app, which launched in 2021 and boasts over three million users, started out as a camera application catering to talking videos. Today the app has evolved into a holistic creative suite utilising state-of-the-art AI functionalities, including a feature that generates different language options of a video while maintaining the sound of the speaker’s voice and a real-time eye contact correction feature that creates the illusion that the speaker is making eye contact with the camera. Captions has garnered users from a diverse audience including realtors, fitness trainers, musicians, influencers, and sales professionals. Notable accounts utilising Captions include Disney-owned ESPN and Twitch’s founder Justin Kan. Captions has raised a total of $40 million to date.

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Frequently Asked Questions (FAQs) Related to the Above News

What is Captions and what is it used for?

Captions is an AI-powered video creation app for iOS that helps users create videos with talking captions using state-of-the-art AI functionalities.

Which VCs participated in the $25 million Series B funding round for Captions?

The $25 million Series B funding round for Captions was led by Kleiner Perkins and included additional funding from Sequoia Capital, Andreessen Horowitz, and SV Angel.

When was the Captions app launched and how many users does it have?

The Captions app was launched in 2021 and it boasts over three million users.

What features does Captions offer?

Captions offers state-of-the-art AI functionalities including a feature that generates different language options of a video while maintaining the sound of the speaker's voice and a real-time eye contact correction feature that creates the illusion that the speaker is making eye contact with the camera.

Which industries and professionals are utilising Captions?

Captions has garnered users from a diverse audience including realtors, fitness trainers, musicians, influencers, and sales professionals. Notable accounts utilising Captions include Disney-owned ESPN and Twitch's founder Justin Kan.

How much funding has Captions raised to date?

Captions has raised a total of $40 million to date.

Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.

Advait Gupta
Advait Gupta
Advait is our expert writer and manager for the Artificial Intelligence category. His passion for AI research and its advancements drives him to deliver in-depth articles that explore the frontiers of this rapidly evolving field. Advait's articles delve into the latest breakthroughs, trends, and ethical considerations, keeping readers at the forefront of AI knowledge.

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