AIFortuneabout 11 hours ago
Menlo Ventures bets $5.4B on Suno's future
3 min read
Amy Wu Martin led Menlo Ventures into a $250 million Suno fundraise last fall and a $400 million round in June at a $5.4 billion valuation. Suno has 100 million lifetime users, 2 million paying subscribers, and $300 million in ARR. The music industry sued Suno in June 2024 for training on copyrighted recordings without payment.
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