AI & Enterprise
Synthesia valuation tops $4 billion, allows employee share sales
British AI startup Synthesia has surpassed a $4 billion valuation and will allow employees to sell shares, TechCrunch reported on Jan. 26. The company has completed a $200 million Series E funding round with participation from GV, Kleiner Perkins, Accel, NEA and Nvidia NVentures. Synthesia provides corporate training solutions using AI avatars and counts Bosch, Merck and SAP as customers. Its annual recurring revenue has exceeded $100 million.
