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We’re pleased to announce that Descript has raised a $30MM Series B, led by Nabeel Hyatt at Spark Capital, with participation from our existing investors: Andreessen Horowitz and Redpoint Ventures.

Like it or not, video has become an essential part of how we communicate. And while it’s gotten easier to capture and share video, editing remains difficult, slow, and non collaborative.

In the new version of Descript, audio and video files will begin transcribing immediately and automatically when you drag or import them into new compositions. You’ll also be prompted to add speaker labels or initiate speaker detection while Descript is creating your transcript.

With today’s release of Descript, we took a break from big changes (see: Studio Sound), and knocked out a number of quality-of-life improvements. We hope there’s at least a few things on this list that will make Descript nicer for you.

Explore Descript’s Learning Center for video tutorials, podcast editing tips, screen recording tips, audio editing tutorials, and a transcription guide.