Otter.ai raises $320 million from General Catalyst’s growth fund for its meeting tool

Otter.ai raised $320 million from General Catalyst's Customer Value Fund on Tuesday. The non-dilutive funding will support enterprise growth, go-to-market strategy, international expansion, and product innovation for the meeting note-taking tool. General Catalyst's CVF provides capital without equity dilution, earning returns tied to marketing spend results. Otter.ai said the funds accelerate its enterprise push.