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…
TechCrunch reports: 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.
This technology story centres on the United States. Names and organisations mentioned in the coverage include General Catalyst, Otter and General Catalyst’s Customer Value.
Why it matters
Changes in the tech sector often reach consumers quickly through the devices, apps and online services they use every day.
Key details
- Location
- United States · Americas
- Reported by
- TechCrunch
- First reported
- Key names
- General Catalyst, Otter, General Catalyst’s Customer Value, Fund
- Section
- Technology
Sources
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