Ideogram raises $80M

Ideogram, an AI startup working on image generation, has raised $80 million in Series A financing. The investment was led by Andreessen Horowitz. Other investors in include Redpoint Ventures, Pear VC, and SV Angel; along with existing investors Index Ventures.

Martin Casado, general partner at Andreessen Horowitz is joining the Ideogram board of directors.

Read the post about Ideogram 1.0 and the funding here.

Ideogram has a free to use tier, along with Basic and Plus subscriptions, that cost $7/month and $16/month respectively.

[Image courtesy: Ideogram]

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