Mirage Raises $75M for AI Video Lab, Expands Globally
Tech News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Mirage, formerly Captions, secures $75M in growth funding from General Catalyst. The video editing app startup rebrands and shifts focus to AI lab, building specialized models for industries like advertising and marketing. With a freemium model, bulk video creation suite, and AI-tuned models, Mirage has seen success, with 3.2M downloads and $28.4M in revenue. CEO Gaurav Misra plans to expand with assembly intelligence and web-based marketing tools, targeting growth in Asian markets.
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