In the past five months, the startup has grown its staff from 25 people to over 100, Shvets said. With early funding from theĪngel investor Sergey Tokarev, Reface's flagship app was officially launched in January 2020. In 2013, four more cofounders - Shvets, Denys Dmytrenko, Kyrylo Syhyda, and Ivan Altsybieiev - joined startup that would eventually morph into Reface. Reface's origins date back to 2011, when Ukrainian college students Roman Mogylnyi, Oles Petriv and Yaroslav Boiko founded a machine learning startup called Neocortext. Walking a fine line between memes and deepfakes Reface declined to share its valuation for the $5.5 million round. "He said he actually uses the product every day, that he loves it, and he made some suggestions for product applications," Shvets said, adding that Braun will help guide the company to bring more celebrities and content creators onto the platform. Braun, who is managing partner of TQ Ventures, was particularly interested in the product, Shvets said - even before agreeing to invest, Braun reached out to the cofounders directly. The Reface cofounders were introduced to the entertainment industry heavyweights by Chris Lyons, who oversees a16z's Cultural Leadership Fund. Prominent entertainment industry execs also joined the funding round, including Scooter Braun, manager to Justin Bieber and Ariana Grande Adam Leber, manager to Britney Spears and Miley Cyrus and Matt Stone and Trey Parker, the creators of South Park who now run game development studio Deep VooDoo. "We're just beginning to see the potential applications for their core technology across consumer, entertainment, and marketing experiences."
![x ray deepfake app x ray deepfake app](https://outsourceit.today/wp-content/uploads/2019/05/deepnude-app-like-1024x536.jpg)
"The Reface team has taken their highly sophisticated, machine learning technology and transformed it into a consumer experience that is seamless to use and fun to share with your friends," Andreessen Horowitz general partner Connie Chan said in a prepared statement.
#X ray deepfake app full#
Reface currently makes money from subscriptions, which grant customers access to its full suite of tools, and plans to grow revenue by rolling out more in-app purchases and expanding into brand partnerships. They invested in us because they see our intentions, our technology, and our product roadmap, and they understand that there's much more growth ," he said. "We persuaded them and they persuaded us to make a quick decision. They were ultimately introduced to Jeffrey Jordan, a general partner at Andreessen Horowitz who signaled that the firm was interested in investing.Īfter Reface's cofounders pitched six of the firm's partners via remote video call, they reached a deal and finalized term sheets the very next day, cofounder and chief business officer Dima Shvets told Business Insider. Miley Ray Cyrus August 26, 2020Īmid its soaring popularity, Reface's cofounders started pursuing venture capital funding to scale the app, initially meeting with potential investors in Europe who expressed interest in the Ukraine-based company.
#X ray deepfake app free#
By August, it reached the top of the US iPhone App Store's free downloads chart.
![x ray deepfake app x ray deepfake app](https://healthcare-in-europe.com/media/story_section_text/6201/image-01-1.jpg)
Since officially launching in January 2020, Reface has been downloaded over 67 million times, with its popularity surging over the summer thanks to celebrities including Justin Bieber and Miley Cyrus posting about it on social media. The app gives users AI-powered editing tools that let them combine their face (or anyone else's) with preexisting footage. Reface - the app that uses machine learning to let users impose new faces onto videos or gifs - has raised a $5.5 million seed funding round led by Andreessen Horowitz, the startup announced Tuesday. Donald Trump nails the choreography of a bejeweled K-Pop star.Īnd now, investors want in on the action. A bearded Chrissy Teigen sings in her husband John Legend's voice. Visit Business Insider's homepage for more stories.Įlon Musk's head sits egglike atop Dwayne "The Rock" Johnson's brawny shoulders.Shvets also explained why Reface doesn't consider itself a deepfake app, and how the company is taking steps to prevent its product from being used for malicious purposes.The app has been downloaded over 67 million times since it launched in January 2020 and makes money from subscriptions and in-app purchases.
![x ray deepfake app x ray deepfake app](https://www.koreatechtoday.com/wp-content/uploads/2021/07/Samsung-partners-with-VUNO-350x250.jpg)