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Search Results for: verbit
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;
Posted in Economy & Business
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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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