Otter.ai Secures $320 Million from General Catalyst's Customer Value Fund

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Meeting note-taking startup Otter.ai has announced it raised $320 million from General Catalyst's Customer Value Fund. The CVF provides capital to startups without diluting their equity, with returns tied to the results of marketing spending. Otter.ai plans to put the money toward enterprise growth, its go-to-market strategy, international expansion, and new product development. The announcement was made on a Tuesday, according to the report.

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