Artificial intelligence-powered transcribing and captioning software company Verbit announced it has raised $23 million, with plans to expand its real-time transcription services for its legal industry clients.

The Series A round was led by Viola Ventures with Verbit’s co-founders remaining as the main shareholders, said Verbit co-founder Tom Livne. Vertex Ventures, HV Ventures, Oryzn Capital, Vintage Venture Partners and Clal Tech also participated in the round.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]