Story raises $80 million Series B
We are so excited to share that our portfolio company Story has raised a massive $80 million Series B! We are privileged to have supported S. Y. Lee and the Story team since its inception.
In today’s rapidly changing AI landscape, protecting intellectual property (IP) has never been more important.
Story’s innovative approach uses blockchain technology to protect creative works from unauthorized use by AI. With AI getting better at generating content, creators have raised concerns about the security of their IP. Story is creating a secure and transparent platform that gives creators control over how their work is used.
This latest funding round is a big step for Story, and we're thrilled to be part of their journey. We can't wait to see how their tech will change the game in IP protection, especially as AI continues to evolve. We are proud to support them and eager to see their impact on both the creative and tech worlds! Please read CNBC's coverage of the funding announcement here for more information.
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