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Otter.ai transcribes $10m

Feb 4, 2020 • Callum Cyrus

Cloud-based audio transcription service Otter.ai won the backing of Duke University Innovation Fund and NTT Docomo Ventures in its latest round.

US-based automated audio transcription platform Otter.ai has raised $10m in a round involving Duke University Innovation Fund, VentureBeat has reported.
NTT Docomo Ventures, the corporate venturing unit of telecoms firm NTT Group’s mobile network division, NTT Docomo, led the round, which also included Fusion Fund, GGV, Draper Dragon Fund, Harris Barton Asset Management, Slow Ventures and undisclosed additional investors.
Founded in 2016 as AISense, Otter.ai is a cloud-based platform that relies on natural language processing to automatically transcribe…

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