Tapestry VC

We are excited to announce today that we released a major update to our award-winning app, Remix AI. Remix is the AI app for creating and connecting with friends. Since our beta launch 8 months ago, over 20 million creations have been made. With this new release, you can create from ideas, prompts, and now - your camera. Introducing the Magic Camera, a mobile-first, camera-first, and completely fun way to snap, prompt, and create AI Selfies. Now you can Remix yourself – with AI. Your imagination is the limit. Our latest release is packed with features that unleash the fun with friends. After making your AI selfie, you can share it with your friends with our new multiplayer Group sessions! It's group chat meets Remix. Invite your friends and family to laugh and create fun AI selfies and AI creations together. What makes Group sessions new and different is the ability to collaborate with others. We have developed a conversational-based user experience, similar to other AI chat applications, but now users can chat and create in multiplayer session rooms. A playground for your imagination. Our technology platform now includes 20 diffusion models, and a specially-trained LLM that chooses the right model for the best output, based on real-time analysis of the user prompt. Remix AI also provides users with several powerful tools such as text overlay, in-painting and facemix, to allow creators a range of creative options for memes, cards, or just fun with friends. We also included DALL-E 3 and SD3 as model choices, available to our Remix Pro premium subscribers. Now you can experiment with more choices for your creations than ever before Create, share, and remix! After creating, users can post their images and videos to Remix’s discovery feed, follow others, like their creations, learn how to create, and engage with a growing and passionate community around AI art. Get inspired by a community of enthusiasts! Remix AI is a new type of consumer app in a moment when generative AI is rapidly advancing and expanding to 7 billion mobile phone users. Major shifts in technology, such as the adoption of the internet, mobile, and machine learning, have created new types of media, consumption, and platforms. There is no home for generative AI image and video, and the most popular AI platforms do not have social, multi-player, or mobile experiences for users to collaborate and share what they are creating with each other. So download and check out the brand new Remix -? the award-winning mobile app on iOS and Android for creating and connecting with friends. If you can imagine it, you can make it. Come join us!

Today, we’re announcing our biggest milestone yet: we’ve raised a $32.2 million Series B, led by Bain Capital Ventures! ?? This round of financing is made possible by the small businesses that rely on us for their everyday banking needs, as well as the hard work of the whole team here at @Relay. It’s clear why businesses are making the switch to Relay. 68% of U.S. small business owners report having cash flow problems, and half operate with just 27 days of cash buffer. They’re on a cash flow tightrope, with no toolset that supports them in a meaningful, fundamental way. We’re building that support—an all-in-one financial command center, where business owners can go to understand their cash position, manage back-office processes, and collaborate with their teams on key financial workflows. We’re getting to work on new credit products, developing better spend management features, and gearing up to launch a brand new Advisor Directory to help small businesses find the financial support they need to thrive. And that’s just the tip of the iceberg—we have big plans for a suite of tools that will truly take your cash flow visibility to the next level. We can’t wait to build this next chapter of business banking with all of you. https://lnkd.in/grqm5pkn

We’re thrilled to announce Oleria’s $33M Series A, bringing our total funding to over $40M! Led by Evolution Equity Partners and joined by Salesforce Ventures, Tapestry VC, Zscaler and several other technology luminaries, this investment will fuel the expansion our R&D and GTM teams and accelerate development of our groundbreaking adaptive and autonomous identity security solution. To learn more about piloting our solution or joining our growing team, check out our full announcement. Evolution Equity Partners Salesforce Ventures Tapestry VC Zscaler #IdentitySecurity #OleriaSecurity