Recall.ai Raises $38M Series B Funding

Recall.ai has secured $38,000,000 in investment capital, marking a significant milestone for the company that provides an API for accessing recordings, transcripts, and metadata from various online and in-person meetings. This funding round underscores investor confidence in Recall.ai's technology and its potential within the growing market for communication intelligence tools. Recall.ai offers a comprehensive API that allows developers to integrate capabilities for capturing critical data from platforms such as Zoom, Google Meet, Microsoft Teams, Webex, and Slack, as well as in-person meetings. The company's technology facilitates the acquisition of audio, video, transcriptions, and metadata. This is achieved through its Meeting Bot API, which uses fully managed bot infrastructure to white-label bots for meetings, and its Desktop Recording SDK, which captures meeting data without a bot joining the call. A Mobile Recording SDK for phone calls and in-person meetings is also in development. The $38,000,000 capital infusion is set to accelerate Recall.ai's product development roadmap and expand its market reach. While specific allocation details were not disclosed, the company plans to use the funds to enhance its existing API capabilities, further develop its forthcoming Mobile Recording SDK, and scale its operational infrastructure to meet increasing demand. This investment is crucial for Recall.ai to maintain its trajectory in providing essential tools for developers building next-generation communication applications. This funding positions Recall.ai to solidify its presence in the API economy by continuing to innovate its offerings and support a wider array of meeting environments. The company aims to broaden its platform's functionality, enabling more developers to seamlessly integrate meeting intelligence into their applications and fostering continued expansion in the collaborative software ecosystem.