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Descript Lands $30M in Series B

2021-01-13
SAN FRANCISCO, CA, Descript has raised a $30MM Series B led by Nabeel Hyatt of Spark Capital.
Descript has raised a $30MM Series B, led by Nabeel Hyatt at Spark Capital, with participation from existing investors: Andreessen Horowitz and Redpoint Ventures.

Descript several individual investors to the round: Devdatta Akhawe, Alex Blumberg, Jack Conte, Justine Ezarik, Todd Goldberg, Jean-Denis Greze, John Lilly, Tobi Lutke, Bharat Mediratta, Shishir Mehrotra, Casey Neistat, Brian Pokorny, Raghavendra Prabhu, Lenny Rachitsky, Naval Ravikant, Jay Simons, Jake Shapiro, Rahul Vohra, and Ev Williams.

Descript builds collaborative tools for new media creators. The firm strives to eliminate the tedious work that often stands between an idea and its expression, so that creators can focus on developing their craft instead of their usage of tools. Descript is a next generation digital media platform that offers a new 'engine"' that lets you edit audio by editing text (instead of waveforms).
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