Tech Company Financing Transactions
Runway Funding Round
Runway, based in New York, secured $50 million in funding from Felicis Ventures, Amplify Partners and Coatue Management.
Transaction Overview
Company Name
Announced On
12/5/2022
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Series C
Investors
Felicis Ventures (Lead Investor)
Amplify Partners (Sarah Catanzaro)
Proceeds Purpose
The company intends to use the funds to accelerate its strategic business initiatives including broadening development of its robust suite of tools, particularly around audiovisual applications, hiring talent across engineering, research, GTM, and incorporating an in-house creative agency.
Company Information
Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
721 Bdwy.
New York, NY 10003
USA
New York, NY 10003
USA
Phone
Undisclosed
Website
Email Address
Overview
At Runway, we are pioneering original image and video creation techniques and inventing interfaces for powerful synthetic manipulation and editing. Using text to edit video, using video to create video. Applying technology that didn't exist until very recently. We are working to predict-by-inventing the future.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Cristobal Valenzuela
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