Los Angeles-headquartered Genies, which “provides consumers and celebrities with the tools to create high-quality avatars,” just recently revealed the $150 million Series C. Silver Lake, a backer of Endeavor, Oak View Group, Jio, Peloton, and Madison Square Garden Sports, led the round, which brought with it a $1 billion valuation for five-year-old Genies.
Source: Genies Raises $150MM, Touts Pacts With Universal Music, Warner Music