Otter.ai raises $320 million from General Catalyst’s growth fund for its meeting tool
Meeting note-taking tool Otter.ai announced on Tuesday that it has raised $320 million from General Catalyst’s Customer Value Fund (CVF), which provides capital to startups without diluting equity and gets returns on the results of marketing spend.
Proof2 independent outlets
Key points
- Otter.ai said that it will use these funds for enterprise growth, go-to-market strategy, international expansion, and product innovation. […]
- Otter.ai Inc., the developer of a popular artificial intelligence meeting assistant, today announced that it has raised $320 million in funding.
- The capital came entirely from General Catalyst’s Customer Value Fund.
- General Catalyst doesn’t take a stake in portfolio companies, but instead receives [...]
Sources (2)
- [1]Otter.ai raises $320 million from General Catalyst’s growth fund for its meeting toolTechCrunch: AI · Oct 20, 11:00 AM
Meeting note-taking tool Otter.ai announced on Tuesday that it has raised $320 million from General Catalyst’s Customer Value Fund (CVF), which provides capital to startups without diluting equity and gets returns on the results of marketing spend.
Otter.ai said that it will use these funds for enterprise growth, go-to-market strategy, international expansion, and product innovation. […]
- [2]Otter.ai raises $320M in funding for its AI meeting assistantSiliconANGLE: AI · Oct 20, 10:24 PM
Otter.ai Inc., the developer of a popular artificial intelligence meeting assistant, today announced that it has raised $320 million in funding.
The capital came entirely from General Catalyst’s Customer Value Fund.
Extractive summary: sentences quoted from the sources.
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