Otter.ai Secures $320M for Growth from General Catalyst

• Otter.ai raised $320 million from General Catalyst’s Customer Value Fund.
• The funding will support enterprise growth, go-to-market strategy, international expansion, and product development.
• Otter.ai’s meeting notetaking tool is used by over 40 million people, including teams at major companies.
• The deal was announced on Tuesday, providing capital without diluting equity.
• General Catalyst’s fund focuses on returns based on marketing spend results.