Captions Scoops Up $25M Series B Round
2023-06-22
NEW YORK, NY, Captions, the leading AI-powered creative studio, announced today that they have raised $25 million in Series B funding led by Kleiner Perkins.
Other esteemed investors including Sequoia Capital, Andreessen Horowitz, and SV Angel also participated, bringing the total capital raised to date to $40 million. With positive cash flow and impressive growth, Captions solidifies its position as a disruptor in video editing, officially launching its flagship product after a successful debut on the Apple App Store in January 2021. The Series B funding marks a significant milestone for Captions, enabling the company to further level the playing field for creators by offering the opportunity for anyone, anywhere to develop and publish studio-grade content with the power of AI.
Captions is a revolutionary creative studio that harnesses the power of artificial intelligence to transform the content creation process, enabling customers to effortlessly produce studio-quality videos directly from their mobile devices. By empowering every creator to effectively share their stories and ideas, Captions aims to foster a more inclusive and diverse online community. As industry pioneers, Captions introduced the world's first camera app designed specifically for "talking videos", catering to the increasing demand for this engaging content format. Evolving into a comprehensive creator platform, this iOS-based subscription seamlessly tackles tasks such as captioning, editing, dubbing, script creation, and music integration, streamlining the entire workflow for creators.
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