Search Results for: Verbit

Next big things in Tech

The 2024 list of Fast Company’s Next Big Things in Tech (see last year) contained five Israeli companies. Epic Cleantec (for OneWater), Houzz (for Houzz Pro), Pangea Biomed (Enlight DeepPT), Verbit (Captivate), and WSC Sports (AI sports clips). https://www.israel21c.org/firms-with-israeli-ties-on-fast-company-next-big-things-list/

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Replacing the court stenographer

Israel’s Verbit (see here previously) provides automated captioning and transcription services to over 2,000 businesses worldwide. It is now launching Legal Real-Time, providing reliable real-time transcriptions for legal proceedings at a fraction of the cost of traditional stenography. https://www.israel21c.org/new-ai-app-aims-to-replace-traditional-court-reporters/

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Investment in Israeli startups: (5/12/21)

Israeli startups raised $2.8 billion in November, following October’s record $3 billion. These are the largest investments (over $30 million). Moon Active raised $300 million; HoneyBook raised $250 million; Verbit raised $250 million; Stoa (FlipOS) raised $136 million; Via raised … Continue reading

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Israel’s latest Unicorn

Israel’s Verbit (see here previously) has just raised $157 million, giving it a valuation of more than $1 billion and the financial status of a “Unicorn”. Verbit’s transcription and captioning services are used by more than 1,500 customers including CNBC, … Continue reading

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Investment in Israeli startups (13/6/21)

Monday.com raised $574 million; Verbit raised $157 million; Notal Vision raised $60 million; TailorMed raised $20 million; Stoke raised $15.5 million; Monogoto raised $11 million; PlanetWatchers raised $3.5 million;

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Investment in Israeli startups: (22/11/20)

Cato Networks raised $130 million; Forter raised $125 million; GenCell Energy raised $61 million; Verbit raised $60 million; K Health raised $42 million; Fireblocks raised $30 million; AI21 labs raised $25 million; Unbound Tech raised $20 million; Obligo raised $15.5 … Continue reading

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More success during Covid-19

Israeli transcription startup Verbit (reported here previously) now has more than 120 employees and has raised a total of $65 million. 2020 has been its most successful year ever – growing to 500 paid customers (including Harvard and Stanford Universities) … Continue reading

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Real-time transcription

I reported previously (21st May) that Israel’s Verbit provided a 4-hour turnaround for its transcription service.  , Verbit has now launched a pay per minute, real-time service that automatically transcribes speech instantly at a high accuracy rate. https://www.calcalistech.com/ctech/articles/0,7340,L-3758415,00.html

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Phenomenal growth at two Israeli startups

The feature connecting two quite different Israeli startups is their growth rate – a huge 350%. I reported on Verbit’s subtitling in May (see here) and (briefly) Cato Networks more recently (see here). ttps://www.catonetworks.com/news/cato-networks-secures-55-million-investment-as-bookings-accelerate-year-over-year/ https://verbit.ai/about-us/

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Fast and accurate subtitling

Israeli startup VerbIT produces a transcription of video content. This can be to add subtitles for the hard-of-hearing, enhancing educational courses, converting podcasts to text etc. VerbIT uses Artificial Intelligence (AI) and human monitoring to achieve a 4-hour turnaround. See … Continue reading

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