Otter.ai takes $320M in repayable financing to expand enterprise sales

Otter.ai CEO and co-founder Sam Liang (@Goopt) says the company will use $320 million in repayable financing to expand its enterprise business and international reach, putting a large pool of capital behind a plan to turn meeting records into a workplace software platform. The Reuters report, republished by MarketScreener, says the money came from General Catalyst's Customer Value Fund and that Otter had closed the facility by October 20th.