TLDR: Suno Raises $125M in Funding
Key Points:
- Suno, a music creation platform based in Cambridge, MA, raised $125m in funding.
- Backers included Lightspeed Venture Partners, Matrix, Founder Collective, Nat Friedman, and Daniel Gross.
In a recent development, Suno, a music creation platform based in Cambridge, MA, secured $125 million in funding. The funding round saw participation from notable backers such as Lightspeed Venture Partners, Matrix, Founder Collective, Nat Friedman, and Daniel Gross. The company plans to use the funds to accelerate product development and expand its team. Led by CEO Mikey Shulman, Suno is currently working on building v3, an AI music model that can generate radio-quality music, allowing users to create full two-minute songs within seconds. The company has assembled a team of advisors, including prominent figures like 3LAU, Aaron Levie, Alexandr Wang, Amjad Masad, and others. Additionally, Suno has already started development on v4, showcasing its commitment to innovation and advancement in the music creation space.
