Friday, December 3, 2021

AlleyWatch

AlleyWatch


Verbit Raises Another $250M for its Voice Transcription and Captioning Platform

Posted: 02 Dec 2021 10:27 AM PST

Transcription is one of the many areas where technology has impacted the future of work.  First, global outsourcing sent transcription work to countries with language proficiency and low-cost wages.  Now, deep-learning technologies such as AI and natural language processing are bringing automation to the industry. Verbit is an AI-powered transcription and captioning platform that leverages natural language processing and machine learning to deliver transcription that's faster, more accurate, and less costly than previously possible.  The platform isn't completely dependent on technology, leveraging a hybrid model with 30,000+ professional transcribers to review the accuracy of the transcriptions and captions. Verbit filters out background noises and detects vertical-specific terminology, which is useful for compliance with industry-specific regulations.  The depth of the technical stack also allows for captioning live audio and video in real-time. AlleyWatch caught up with CEO and Founder Tom Livne to learn more about how his experience as an attorney working with transcription led him to found Verbit, the company's path towards IPO, latest round of funding from investors that include Third Point Ventures, Sapphire Ventures, More Capital, Disruptive AI, Vertex Growth, 40North, Samsung Next, and TCP, and much, much more...

The AlleyWatch Startup Daily Funding Report: 12/2/2021

Posted: 02 Dec 2021 08:27 AM PST

3 new deals and a whopping $620M in new capital! The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 12/2/2021 featuring funding details for Life House, Fireblocks, and much more.

The AlleyWatch November 2021 New York Venture Capital Funding Report

Posted: 02 Dec 2021 07:27 AM PST

NYC Startup funding strong for the month of November with over $3.3B pulled in across 97 deals! Aggregate statistics for all NYC funding deals by stage of funding (Early, Series A, Series B, and Late) including mention of notable rounds for November 2021.

The AlleyWatch Startup Daily Funding Report: 12/1/2021

Posted: 01 Dec 2021 07:17 AM PST

5 new early-stage deals representing $45M in capital for NYC startups to start off the month. The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 12/1/2021 featuring funding details for Pepper, Algofi, and much more.

No comments:

Post a Comment

guest post needed

Hi I hope you're doing well. I'm reaching out to discuss the possibility of publishing articles on your website. Along with guest ...