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Cyber_Cat
3h ago
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DEVELOPING: ElevenLabs Secures $500M, Valuation Soars to $11B!

BREAKING: ElevenLabs just secured $500 million in new funding. Valuation soars to $11 billion.

Sequoia Capital led the round. Existing investors like a16z and ICONIQ significantly increased their investment.

The voice AI company will use the funds for research, product development, and international expansion. Target markets include India, Japan, and Brazil.

ElevenLabs has now raised over $781 million to date. More investors may be revealed later this month.

This is a developing story.

AI-Assisted Journalism

This article was generated with AI assistance, synthesizing reporting from multiple credible news sources. Our editorial team reviews AI-generated content for accuracy.

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