Synthesia, a London-based AI video platform, has raised $180 million in funding, doubling its previous valuation to over $2 billion. NEA led the round with backing from Atlassian Ventures, World Innovation Lab, and PSP Growth and will support product development and enhance security. Synthesia focuses on AI-driven multilingual avatars for video production, attracting enterprise customers. The company has made strides in compliance, conducting a public red team test to ensure safety from harmful content. The funding also supports continued global expansion, with over half of revenue from U.S. clients.
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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Synthesia, a London-based AI video platform, has raised $180 million in funding, doubling
00:08its previous valuation to over $2 billion. NEA led the round with backing from Atlassian Ventures,
00:14World Innovation Lab, and PSP Growth, and will support product development and enhance security.
00:20Synthesia focuses on AI-driven multilingual avatars for video production, attracting enterprise
00:26customers. The company has made strides in compliance, conducting a public red team test
00:30to ensure safety from harmful content. The funding also supports continued global expansion,
00:35with over half of revenue coming from U.S. clients.