Tel Aviv-Based Transcription Startup Verbit Raises $31 Million
Verbit develops an AI system capable of automatically transcribing recorded speech
Meir Orbach | 17:30 15.01.2020
Tel Aviv-based transcription startup Verbit Software Ltd. has raised $31 million in a series B funding round, the company announced Wednesday. The round, bringing Verbit’s total funding to date to $65 million, was led by New York-based Stripes LLC. Verbit intends to use the funding to add additional languages to its service.