Otter.ai raises $50 million for AI transcription
February 26, 2021
AI transcription startup Otter.ai today announced it has raised $50 million in a series B round that includes $10 million in convertible notes and was led by Spectrum Equity. With the funds, the company plans to triple its headcount over the next year as it hires across its AI, deep learning, natural language processing, frontend and backend engineering, and leadership teams.
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