ElevenLabs secures $500M funding, tripling valuation to $11B

  • ElevenLabs has successfully raised $500 million in a funding round led by Sequoia Capital, pushing its valuation to $11 billion.
  • This marks a significant increase, with the company’s worth more than tripling over the past year.
  • The infusion of capital is expected to bolster ElevenLabs’ growth and innovation in AI technology.

[Via]

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