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TNW | Investors-funding

Otter.ai raises $320M from General Catalyst for enterprise growth

More than 40 million people already use Otter.ai, including teams at most of the Fortune 500. The AI notetaker will spend the new money on enterprise sales and international growth.

Tarun Mottlia

Via TNW | Investors-funding

·Excerpt
Otter.ai raises $320M from General Catalyst for enterprise growth
Image: Otter.ai co-founders Sam Liang (left) and Yun Fu. Credit: Otter.ai

Otter.ai co-founders Sam Liang (left) and Yun Fu.

Credit: Otter.ai

Otter.ai has raised $320 million in growth financing from General Catalyst’s Customer Value Fund. The AI meeting notetaker announced the deal on Tuesday. It will use the money for enterprise growth, its go-to-market strategy, international expansion and product development.

Otter says more than 40 million people now use its product. That includes teams at over 86% of the Fortune 500. It has transcribed more than 1 billion meetings. It put…

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