I'm delighted to have them on board as we accelerate our AI research efforts." "While we weren't actively looking for new investment, Accel and NVIDIA share our vision for transforming traditional video production into a digital workflow that will enable creators to bring their ideas, from training videos to Hollywood films, to life with only a Synthesia account. I'm proud of our team for building Synthesia into a sustainable company that delivers real business utility, not just novelty, for our thousands of customers," said Synthesia Co-founder and CEO Victor Riparbelli.
"We've made great strides toward our vision to make video easy for everyone, but there's still a long way to go. With a year-over-year user growth rate of 456% and over 12 million videos generated on the platform to date, the company has consistently driven triple-digit growth while serving more than 50,000 businesses across the globe. The round, which values the company at $1 billion, is led by Accel with investment from NVentures, NVIDIA's venture capital arm, and participation from existing investors Kleiner Perkins, GV, Firstmark Capital, Alex Wang, Olivier Pomel, and Amjad Massadr. Synthesia, the world's leading AI video creation platform for enterprises, has raised $90 million in Series C funding to continue its work to make video production simple and intuitive without the need for cameras or studios.
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