From the source
From the source
Runway announced it closed a $50 million Series C funding round led by Felicis, with participation from existing investors Amplify Partners, Lux Capital, Coatue, and Compound, as well as new investors including Madrona and several angel investors.
The company plans to use the funding to build next-generation creative tools and grow its team.
From the source
We are excited to announce today that we closed a $50m Series C led by Felicis with participation from all of our existing investors: Amplify Partners, Lux Capital, Coatue, and Compound. Additional investors who joined this round include Madrona and angels Guillermo Rauch (CEO of Vercel), Amjad Masad (CEO of Replit), Howie Liu (CEO of Airtable), Soumith Chintala (Co-creator and lead of PyTorch), Lukas Biewald (CEO of Weights & Biases), Jay Simons (former President of Atlassian), and others. This funding will allow us to double down on building the next generation of creative tools. We will also be growing our team and continuing to hire across engineering, research, GTM, and our in-house creative agency.
runway.com
