Join C-suite executives in San Francisco July 11-12 to hear how leaders are integrating and optimizing their AI investments for success.. learn more
Captions, an AI-powered video creation app for iOS that launched in 2021 and has more than 3 million users to date, today announced a $25 million Series B funding round led by Kleiner Perkins, adding Funding was provided by Andreessen Horowitz (a16z) of Sequoia Capital. , SV Angel.
The company has now raised a total of $40 million. It was founded by Gaurav Misra, former Head of Design Engineering at Snap and former Software Development Engineer (II) at Microsoft.
Captions initially carved out a niche as a camera application for “talking videos” where creators directly control the camera. In conjunction with the funding announcement, the company announced rebranding and a new look, Misra wrote in a blog post that it “believes to adequately represent the character of the caption.”
These features range from the ability to leverage AI to re-dubb the speaker’s words into another language while preserving the sound of the speaker’s voice, to human-like AI narration, to AI from longer videos. It includes a lot of features such as creating short clips with leverage, unique features and more. , original, royalty-free music for videos created by AI.
event
transform 2023
Join us July 11-12 in San Francisco. There, he shares how management integrated and optimized his AI investments to drive success and avoid common pitfalls.
Register now
Captions has evolved from its roots to become a comprehensive creative suite, leveraging OpenAI’s GPT-4 Large Language Model (LLM) and the developed AI Eye Contact feature to bring content creation to life through state-of-the-art AI capabilities. Leading the way in change. with NVIDIA.
“We recognized a need among creators using teleprompters and off-screen scripts and worked with Nvidia to develop an Eye Contact Correction feature specifically for this use case,” the captions read. Co-founder and CEO Gaurav Misra said in a statement provided via VentureBeat. publicist. “When it launched earlier this year, it quickly became popular, and now many other companies are developing similar caption-inspired technology.”
AI adjusts the video host’s gaze in real time to create the illusion of eye contact with the camera.
While Captions is primarily consumer-focused, it is also gaining traction among business users, especially those involved in social media management, content marketing, and growth marketing.
The platform appeals to a diverse audience, including influencers, realtors, fitness trainers, musicians, and sales professionals.
Notable accounts using captions include Disney-owned sports network ESPN and commentator Omar Rajah, Shark Tank fame Mr. Wonderful, Twitch founder Justin Kang, and influencer Annecessary Inventions. and others.
Kleiner Perkins partner Everett Randle praised Captions, saying, “AI is redefining how digital products are created, and Captions has emerged as a leading platform for AI-powered video content. Already Millions of users rely on it to tell their stories and captivate their audiences.Gaurav and the Captions team have had a deep empathy and understanding of creators since the days of Snap, and that’s what AI-powered products are for. We see it as important in building this new era of development, and we are excited to lead the Series B of Captions and help create AI-powered creative studios.”
Sequoia Capital’s Mike Vernal also praised Mithra and the caption in a statement, writing: The user enthusiasm and loyalty that Captions experienced early on is a clear indication of future success. ”
VentureBeat Mission will be the digital town square for technical decision makers to gain knowledge and transact on transformative enterprise technologies. Watch the briefing.
