AI presentation tool developer Gamma has completed a $68 million Series B funding round led by a16z, valuing the company at $2.1 billion.

Gamma, a developer of AI presentation tools, has raised $68 million in Series B funding, valuing the company at $2.1 billion. The round was led by Andreessen Horowitz (a16z), with participation from Accel, Uncork Capital, Script Capital, and South Park Commons. The company uses AI technology to automatically convert text into presentations and social media content, and currently boasts 70 million users, including over 600,000 paying subscribers, with annual revenue of approximately $100 million.