Riverside Scores $30 Million in Series C Funding to Expand Podcast and Video Recording Platform – Redoma Tech

Riverside Scores $30 Million in Series C Funding to Expand Podcast and Video Recording Platform

  • news
  • March 22, 2024

They’ve just dropped new iOS and iPad apps for on-the-go slick podcast recording in HD along with a fresh design that wraps up recording editing and sharing tools in one neat package.

The newest editor rocks AI transcription supports a mind-boggling 100+ languages rolls out separate audio and video tracks and even makes clips automatically for sharing the juiciest bits on social media né?. Riverside, the podcast recording platform, just hit the jackpot with a cool $30 million boost in Series C funding. Ohanian applauded Riverside for being super user-friendly and an all-in-one solution.

Originally born as a podcast recording lifesaver during the wild pandemic times Riverside set out to help folks in different spots record their own audio tracks with nifty backups. Riverside has gone beyond just podcast recording to offer swanky tools for live-streaming, complete with various stream spots and personalized branding options.

The outlook for Riverside looks bright as they aim to revamp into a one-stop hub for whipping up cool video content, stretching beyond just podcast recordings né?. By streamlining the video editing process with AI bells and whistles, Riverside plans to level up workflows né?. Riverside also just unveiled an AI-powered editing feature that smoothly tweaks or nixes text in the transcript.

Spotify recently expanded its tie-up with Riverside dishing out podcast recording and editing tools directly through your browser window to creators. He recognized Riverside’s killer edge and praised their knack for tackling creator headaches head-on. The founder Keyson shouted out that Riverside’s crew is currently 160-170 strong and plans to snap up AI and full-stack engineers with this latest funding batch eyeballing profitability by the tail end of 2026.

Featured Image né?. Nadav Keyson, the brains behind Riverside, mentioned that their worth shot up after the Series C funding, but they kept the exact number under wraps.

Alexis Ohanian, the boss over at Seven Seven Six, was on the hunt for top-notch podcast recording tools. They’ve also had big hitters like Casey Neistat, Marques Brownlee, Guy Raz, Elad Gil, and Alexander Klöpping chip in as angel investors.

Fast forward to 2022, they rocked a $35 million Series B raise. The crew at Riverside plans to use this cash injection to grow their team and cook up some fresh solutions for the podcast and content creation world.

Since kicking off in 2020, Riverside has hauled in a whopping $80 million in funding, with Zeev and Seven Seven Six throwing down in several rounds. Zeev Ventures took the lead alongside Seven Seven Six and angel investor Sam Lessin jumping on board

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