AI-powered transcription platform Verbit announced today it closed a $31 million Series B funding round.
The funding round’s leading investor was growth equity firm Stripes, whose partner Saagar Kulkarni will join Verbit’s board of directors. Other investors included Viola Ventures, Vertex Ventures, HV Ventures, Oryzn Capital and ClalTech, which all took part in Verbit’s February 2019 $23 million Series A funding 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This content has been archived.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.
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]