Otter.ai announced that it has secured $320 million in non-dilutive funding from General Catalyst's Customer Value Fund. The funds will be used to drive enterprise business growth, marketing efforts, international expansion, and product innovation. Previously, the company had raised a total of only $50 million, with its last funding round occurring in 2021. Last year, its annual recurring revenue (ARR) surpassed $100 million, and its user base grew from 25 million to 40 million.
