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Otter.ai raises $320 million from General Catalyst growth fund

Original titleOtter.ai raises $320 million from General Catalyst’s growth fund for its meeting tool

Outlet
TechCrunch
Published
Importance
4/5

Summary

Meeting note-taking tool Otter.ai raised $320 million from General Catalyst's Customer Value Fund. The company will use the funds for enterprise growth, go-to-market strategy, international expansion, and product innovation.

Original excerpt

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. […]

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