AI BriefingElevenLabs Launches New Generative Voice AI Products and Announces $19 Million Series A Funding
Key point
Voice AI company ElevenLabs has raised $19 million in Series A funding and unveiled 'Studio', a new product that supports audiobook production.
Details
Voice technology research company ElevenLabs has successfully raised a $19 million (approximately 25 billion KRW) Series A funding round led by Nat Friedman, Daniel Gross, and Andreessen Horowitz. The funding will be used to accelerate voice AI research and expand its product lineup for specific markets such as publishing, gaming, and entertainment.
Alongside this funding announcement, ElevenLabs unveiled a new product lineup. In particular, Studio provides a workflow for editing and generating long-form voice content, helping users seamlessly create long dialogue segments such as audiobooks or news articles within the platform. They also introduced an AI voice detection model.
Since its beta launch in January 2023, ElevenLabs has secured over 1 million registered users, and the total amount of generated audio content has surpassed 10 years. Their technology is characterized by producing high-quality voice that is difficult to distinguish from real humans, with sub-second latency.
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