AI platform Typeface raises $165 mn to date

Typeface, a generative AI platform for enterprise content creation, said that it was valued at $1 billion after an oversubscribed Series B funding round led by Salesforce’s global investment arm, bringing the total capital raised to $165 million.
VC funding for techThe $100 million round also saw participation from Lightspeed Venture Partners, Madrona, GV (Google Ventures), Menlo Ventures, and M12, Microsoft’s Venture Fund, the company said.

Typeface, which provides a range of workflows across departments, including marketing, sales, product, and human resources, signed strategic partnerships with Salesforce and Google this month to create highly customized content within their existing workflows.

In February, Lightspeed Venture Partners, GV, Menlo Ventures, and M12 invested $65 million when Typeface emerged from stealth and launched publicly.

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