PANews reported on November 11 that Gamma, a developer of AI presentation tools, has completed a $68 million Series B funding round, valuing the company at $2.1 billion. The round was led by Andreessen Horowitz (a16z), with participation from Accel, Uncork Capital, Script Capital, and South Park Commons. The company uses AI technology to automatically convert text into presentations and social media content, and has already accumulated 70 million users, including over 600,000 paying users, with annual revenue of approximately $100 million. Gamma has been profitable since 2023, with only 52 full-time employees. Its $12 million funding round in 2024 remains untouched, demonstrating its efficient operations. The new funds will be used to expand enterprise services (latest enterprise account pricing is $480/person/year), recruit AI engineers, and develop international business. Founder Grant Lee stated that Gamma aims to challenge the traditional presentation tool market, including PowerPoint and Google Slides, and is considering acquiring competitors that haven't achieved product-market fit.PANews reported on November 11 that Gamma, a developer of AI presentation tools, has completed a $68 million Series B funding round, valuing the company at $2.1 billion. The round was led by Andreessen Horowitz (a16z), with participation from Accel, Uncork Capital, Script Capital, and South Park Commons. The company uses AI technology to automatically convert text into presentations and social media content, and has already accumulated 70 million users, including over 600,000 paying users, with annual revenue of approximately $100 million. Gamma has been profitable since 2023, with only 52 full-time employees. Its $12 million funding round in 2024 remains untouched, demonstrating its efficient operations. The new funds will be used to expand enterprise services (latest enterprise account pricing is $480/person/year), recruit AI engineers, and develop international business. Founder Grant Lee stated that Gamma aims to challenge the traditional presentation tool market, including PowerPoint and Google Slides, and is considering acquiring competitors that haven't achieved product-market fit.
AI presentation tool developer Gamma has completed a $68 million Series B funding round led by a16z, valuing the company at $2.1 billion.
PANews reported on November 11 that Gamma, a developer of AI presentation tools, has completed a $68 million Series B funding round, valuing the company at $2.1 billion. The round was led by Andreessen Horowitz (a16z), with participation from Accel, Uncork Capital, Script Capital, and South Park Commons. The company uses AI technology to automatically convert text into presentations and social media content, and has already accumulated 70 million users, including over 600,000 paying users, with annual revenue of approximately $100 million.
Gamma has been profitable since 2023, with only 52 full-time employees. Its $12 million funding round in 2024 remains untouched, demonstrating its efficient operations. The new funds will be used to expand enterprise services (latest enterprise account pricing is $480/person/year), recruit AI engineers, and develop international business. Founder Grant Lee stated that Gamma aims to challenge the traditional presentation tool market, including PowerPoint and Google Slides, and is considering acquiring competitors that haven't achieved product-market fit.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Ethereum spot ETF saw zero inflows yesterday, remaining stable.
PANews reported on November 11 that, according to SoSoValue data, none of the nine Ethereum spot ETFs saw net inflows or outflows throughout the day yesterday (November 10, Eastern Time), showing a zero-change status. As of press time, the total net asset value of the Ethereum spot ETF is $23.43 billion, the ETF net asset ratio (market capitalization as a percentage of Ethereum's total market capitalization) is 5.42%, and the historical cumulative net inflow has reached $13.861 billion.
Share
PANews2025/11/11 13:18
Why This New Trending Meme Coin Is Being Dubbed The New PEPE After Record Presale
The post Why This New Trending Meme Coin Is Being Dubbed The New PEPE After Record Presale appeared on BitcoinEthereumNews.com. Crypto News 17 September 2025 | 20:13 The meme coin market is heating up once again as traders look for the next breakout token. While Shiba Inu (SHIB) continues to build its ecosystem and PEPE holds onto its viral roots, a new contender, Layer Brett (LBRETT), is gaining attention after raising more than $3.7 million in its presale. With a live staking system, fast-growing community, and real tech backing, some analysts are already calling it “the next PEPE.” Here’s the latest on the Shiba Inu price forecast, what’s going on with PEPE, and why Layer Brett is drawing in new investors fast. Shiba Inu price forecast: Ecosystem builds, but retail looks elsewhere Shiba Inu (SHIB) continues to develop its broader ecosystem with Shibarium, the project’s Layer 2 network built to improve speed and lower gas fees. While the community remains strong, the price hasn’t followed suit lately. SHIB is currently trading around $0.00001298, and while that’s a decent jump from its earlier lows, it still falls short of triggering any major excitement across the market. The project includes additional tokens like BONE and LEASH, and also has ongoing initiatives in DeFi and NFTs. However, even with all this development, many investors feel the hype that once surrounded SHIB has shifted elsewhere, particularly toward newer, more dynamic meme coins offering better entry points and incentives. PEPE: Can it rebound or is the momentum gone? PEPE saw a parabolic rise during the last meme coin surge, catching fire on social media and delivering massive short-term gains for early adopters. However, like most meme tokens driven largely by hype, it has since cooled off. PEPE is currently trading around $0.00001076, down significantly from its peak. While the token still enjoys a loyal community, analysts believe its best days may be behind it unless…
Share
BitcoinEthereumNews2025/09/18 02:50
Analyst: Hello, a project on X Layer, is suspected of absconding with funds (402 error).
PANews reported on November 11th that, according to a post by analyst AB Kuai.Dong, the X Layer project Hello 402 appears to have absconded with funds. The team raised $300,000 during its initial public offering (IPO), but only used a portion for liquidity, causing the price to plummet. The community has also revealed that the project's contracts contain a backdoor allowing developers unlimited minting. Currently, the project team has disabled comments and is questioning the blockchain's stakeholders.
Share
PANews2025/11/11 12:52