Descript Raises $50 Million Series C Led by OpenAI Startup Fund and Transforms Video Editing with New Product Release
SAN FRANCISCO, Nov. 15, 2022 /PRNewswire-PRWeb/ -- Descript, the simple, powerful, full-workflow video and audio editor, today announces a $50 million Series C round led by OpenAI Startup Fund to support and accelerate AI integration into creativity. Andreessen Horowitz, Redpoint Ventures, Spark Capital and Daniel Gross also participated in the round.
- SAN FRANCISCO, Nov. 15, 2022 /PRNewswire-PRWeb/ -- Descript , the simple, powerful, full-workflow video and audio editor, today announces a $50 million Series C round led by OpenAI Startup Fund to support and accelerate AI integration into creativity.
- Packed with more than 30 new visual and AI-powered editing features, the redesigned Descript promises to make editing video as easy as editing a doc or slides.
- Descript removes these barriers, equipping creators and communicators with a single intuitive tool that's also a fully-powered end-to-end production app.
- Descript's new editing magic starts with Scenes a visual method for making video that's as intuitive as making a slideshow.