AI-powered voice transcription app Otter raises $10M, including from new strategic investor NTT DOCOMO

INSUBCONTINENT EXCLUSIVE:
operator and new Otter partner, NTT DOCOMO Inc
AI-based translation service subsidiary, Mirai Translation, in order to provide accurate English transcripts, which are then translated into
To date, Otter has raised$23 million in funding from NTT DOCOMO Ventures, Fusion Fund, GGV Capital, Draper Dragon Fund, Duke University
Innovation Fund, Harris Barton Asset Management, Slow Ventures, Horizons Ventures and others.Otter launched its service in 2018, offering a
way for users to search voice conversations as easily as they can today search their email or their text
Otter CEO and founder Sam Liang, along with a team hailing from Google, Facebook, Nuance and Yahoo as well as Stanford, Duke, MIT and
more
on transcribing longer, human-to-human conversations, which are spoken naturally.The product itself creates automated transcriptions in real
time, as speakers are talking
The resulting transcript is searchable, and identifies the different speakers and key phrases
You also can upload photos alongside the recording.Since launch, Otter has expanded its product to millions of users and now offers both an
Students are using Otter to transcribe and review their lessons, click on sections of text and initiate voice playback
Oono, senior vice president and general manager of the Innovation Management Department in the R-D Innovation Division at DOCOMO, in a
statement about the deal
demonstrations at DOCOMO Open House 2020 taking place in the Tokyo Big Sight exhibition complex January 23 and 24, 2020
machine translation technology
be connected directly to the audio source, like at big events
will also used to hire more engineers and further enhance its AI technologies in speech recognition, diarization, speaker identification and
automatic summarization, Liang tells A Technology News Room