AI Note-taking app provider, secured $50M in series B funding round, a California-based Artificial Intelligence-powered productivity app provider, has now secured $50 million in a Series B funding round. is founded by Sam Liang. It provides an AI-powered collaborative note-taking and productivity app that works with video conferencing Platforms like Google Meet and Zoom and with phone calls and some other voice communications.

The Otter Voice Meeting Notes app uses the AI to generate secure, searchable, shareable, rich notes in real-time. It combines audio, inline photos, speaker identification, transcription, and key phrases.

Executive Opinion

Sam Liang, CEO, and founder of, said, "Over the past year, the world as we know it has inexorably changed by meeting and interacting online; and even after the pandemic is long behind us, our living, learning, and working online will persist. This new mode of online interaction, however, has exposed an existing chasm between our need for meetings and the lack of their effectiveness.’s vision is to create more effective meeting spaces through advances in AI and ML, and we are thrilled to leverage Spectrum Equity’s experience in scaling product-driven growth companies. We are proud to have a thoughtful group of investors and advisors providing us with guidance to achieve our vision and growth ambitions."

John Connolly, Managing Director, Spectrum Equity, said, "As the workplace has evolved and online meetings are the new normal, is at the forefront leading the transformational shift of the future of work and more effective online interactions. We are thrilled to be partnering with Sam and the entire team at to support the company’s continued market leadership. We look forward to providing the guidance and strategic resources to drive focused product innovation and operational growth."'s Latest Funding

The round, which includes a $10 million convertible note, was backed by Spectrum Equity. Other participating investors include Draper Associates, Draper Dragon Fund, GGV Capital, and Horizon Ventures.

Post funding, John Connolly, the Managing Director of Spectrum Equity, will join, Board of Director’s team. plans to use the new funds to expand operations and its business outreach.  The company also intends to triple its headcount and also plans to recruit top AI, deep learning, and NLP talent, notes the announcement.
PC: Pablo, Pixabay

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Udit Agarwal is a Digital Marketer and a Content Marketing Specialist, He enjoys technical as well as non-technical writing. His passion and urge for gaining new insights on gadgets, smartphones and technology has led him to Techsutram. He quenches his thirst for technology through his action oriented writing skills and a profound ability to stay up to date with latest industry trends.

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