Otter voice recognition10/7/2023 Now, Otter.ai is announcing its next steps, fueled by a new $50 million Series B round of investment. With the COVID-19 pandemic having sent so many to work from home, those investments have paid off - the company has transcribed over 100 million meetings with more than 3 billion minutes, and has seen an 8x increase in revenues during 2020. Their advisors include Adam Cheyer (Co-founder of Siri), Lary Heck (Co-founder of Microsoft Cortana), and Greg Holmes (Zoom's first CRO).Over the past year or so, voice transcription startup Otter.ai doubled down on the future of remote work by integrating its product with meeting apps like Zoom and Google Meet. Additionally, we are backed by legendary angel investor David Cheriton, who provided the initial capital to Larry Page and Sergey Brin to start Google. They are proud to be supported by some of Silicon Valley’s top venture capitalists who were early investors in Tesla, SpaceX, Slack, and Twitter. The company was founded by successful repeat entrepreneur Sam Liang and fellow engineering Ph.D. Otter is based on proprietary technologies for speech recognition, speaker separation, speaker ID, and keyword/topic extraction. The company's award-winning product, Otter Voice Notes, is used by business professionals, journalists, and students to generate rich notes that can be easily searched and shared. Otter.ai offers a collaborative note-taking app that makes important information from voice conversations including meetings, interviews, and lectures instantly accessible and actionable.
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