AI startup Rephrase.ai bags $10 Mn+ funding to help companies build synthetic videos
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AI startup Rephrase.ai has raised $10.6 Mn in its Series A financing round led by Red Ventures. Silver Lake, 8VC and other investors also have participated in the funding round. Rephrase.ai will use the fresh capital to improve capabilities by amalgamating product experiences, hiring across verticals such as engineering, AI, product, sales, and marketing. The startup will also deploy funds to expand its presence in North America.