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Some exciting news has hit the tech industry today – AI video creation app, Caption, has secured $25M in funding from leading venture capitalists. The funding round was led by IVP and Canaan, two of the best-known venture capital firms.
Caption is an AI video creation app for the world’s storytellers. With its intuitive drag-and-drop interface, users can quickly create amazing videos. Accessible to anyone, Caption allows users to transform their ideas into engaging visuals with advanced AI capabilities.
The technology is powered by natural language processing and computer vision AI to enable users to add captions and subtitles to videos in multiple languages, such as English, Spanish, Japanese, and Korean. Caption’s AI-driven technology is designed to help users generate higher-quality videos in less time and with half the effort.
This new round of funding will help Caption accelerate its product development efforts and expand its market presence. Caption’s co-founder, Chris Adams, expressed his enthusiasm on the new investment in a statement: “We are thrilled to have this new infusion of capital from some of the best venture capital firms in the business. We believe this funding will allow us to continue to empower the next generation of storytellers.”
This investment by leading venture capitalists is a testament to Caption’s innovative AI technology and the potential impact it can have on video creation and storytelling. With more than 3 million users worldwide, Caption is well-positioned to make an even bigger impact in the space.
