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Recall.ai raises $10M to give any developer the ability to build AI meeting bots in days

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–News Direct–

Conversations are now the worlds largest dataset. Millions of hours of meetings happen everyday over video conferencing platforms, and hundreds of companies try to make sense of these meetings using AI-powered meeting bots that take months to build. Today, the universal API for meeting bots Recall.ai has announced a $10 million funding round to allow engineers to integrate with any meeting platform, including Zoom, Google Meet, Microsoft Teams, Slack Huddles, and even platforms with no API. This funding round comes hot on the heels of 10x growth over the past 12 months.

The Series A funding round was led by Ridge Ventures with participation from Industry Ventures, Y Combinator, IrregEx, Bungalow Capital, Hack VC, and other existing investors. which will be used to scale Recall.ais product and team. This fresh investment brings the companys total amount raised to over $12M, following a $2.7 million seed round in December 2022.

Recall.ai founders: Amanda Zhu and David Gu
Recall.ai founders: Amanda Zhu and David Gu

It can take over one year for a team of specialist engineers to build the infrastructure and integrations required for even the most basic AI-powered meeting bots. After theyre built, companies face the bigger and more labor-intensive challenge of hosting and maintaining the infrastructure on hundreds of thousands of servers. In comparison, Recall.ai lets a single engineer get up and running with a meeting bot in a few days, even if they dont have expertise in real-time video processing. This lets companies focus on building their core product while Recall.ai runs, monitors, and scales complex, real-time video infrastructure.

"Recall has been a critical partner to us in rolling out Fellow.app's new AI copilot functionality which has been a huge hit with customers, explained Aydin Mirzaee, CEO of Fellow.app. We love working with Recall because they are focused on the infrastructure so that we can focus on what we're good at – solving meeting productivity for companies everywhere."

Co-founders David Gu and Amanda Zhu launched Recall.ai as two important trends emerged: a worldwide shift to remote work, and advances in AI technology that simplified the processing of unstructured voice and video data. Gu and Zhu previously worked on a real-time transcription tool for video conferences, where the bulk of their engineering teams effort was spent building and maintaining integrations with conferencing platforms. The duo realized companies building LLM tools to process data from virtual meetings today were running into the same integration and infrastructure hurdles they had already solved, and decided to start Recall.ai to enable the next generation of LLM-powered apps.

Recall.ai is the universal API for meeting bots that allows engineers to integrate with any meeting platform, even platforms with no API
Recall.ai is the universal API for meeting bots that allows engineers to integrate with any meeting platform, even platforms with no API

Over the last 12 months, Recall.ai has grown 10x and today ingests millions of hours of video meeting data for more than 300 companies. Customers are currently using the platform to build powerful tools that leverage conversation intelligence for sales enablement discussions, productivity, customer success, financial advising, telehealth applications, and virtual depositions, among other use cases. Recently, Recall also partnered with Zoom to release an official Meeting Bot Starter Kit that generates a transcript, requests a meeting summary, and provides it to participants in near real-time.

Conversations are the worlds largest dataset, said David Gu, co-founder at Recall.ai. Large language models continue to unlock conversations in exciting ways, and the demand for developers to capture this data has never been higher. Every SaaS company in the world should be using conversations as a data source. Recalls unified API makes it as easy as possible.

Recall is on its way to becoming the de facto infrastructural layer for all enterprise-level conversational data, added Akriti Dokania, Partner at Ridge Ventures. Video and voice data will only become more central to software companies moving forward. Providing infrastructure API access is a hard problem to solve and enterprises dont want to solve it in-houseRecalls tremendous growth proves it ten times over. Most importantly, David and Amanda are an ideal founding duo: technically gifted, tenacious, wise beyond their years, and always willing to learn and grow.

With this new funding, the company is primed for the next phase of growth. The same way that AWS provided common infrastructure that every company building a web application would need as they scale, Recall.ai is setting out to provide the common infrastructure for every company who needs to access and apply AI to conversations.

About Recall.ai

Recall.ai provides a single API for accessing real-time meeting data from platforms like Zoom, Microsoft Teams, Google Meet, and more. Real-time meeting integrations require a lot of moving parts, so Recall.ai provides a unified framework that simplifies this process. Recall.ai makes it easy to trigger actions based on who is speaking, when people join or leave a meeting, and more, all with a single API for every platform which helps lower development time and upkeep costs. The API can be used with both audio and video streams, even for meeting platforms that do not have a publicly accessible API.

About Ridge Ventures

Founded in 2007, Ridge Ventures is a seed and early-stage venture capital firm investing in founders who are redefining how the world interacts with data and code. Ridge takes a fast, flexible, and founder-focused approach, and backs companies delivering advanced technologies, new distribution models, and incredible user experiences. Find out more at www.ridge.vc

Contact Details

Recall.ai

Bilal Mahmood

+44 7714 007257

b.mahmood@stockwoodstrategy.com

Company Website

https://www.recall.ai/

View source version on newsdirect.com: https://newsdirect.com/news/recall-ai-raises-10m-to-give-any-developer-the-ability-to-build-ai-meeting-bots-in-days-298036258

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MEXC Concludes Exclusive Supercar Giveaway, Highlighting Commitment to Excellence and User Experience

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Seychelles, December 31, 2024 – MEXC, a global leader in cryptocurrency trading platforms, has successfully concluded its month-long 2024 Supercar Giveaway event. The event saw overwhelming participation from over 120,000 users worldwide, highlighting MEXC’s strong global presence and broad user base in the cryptocurrency market.

The Supercar Giveaway event, which concluded on December 18, 2024, saw an impressive 125,020 participants and unlocked a prize pool totaling 6,000,000 USDT. Throughout the event, 1,117,429 daily scratch-offs, 17,456 weekly draws, and 6,822 lucky tickets were awarded to participants. The winners have been officially announced, with the results now published in the Announcement Center for transparency and public oversight.

MEXC pioneered the use of Bitcoin block hash values to determine the grand prize winner, ensuring unparalleled transparency and fairness in the process. The coveted grand prize, a luxury supercar valued at 500,000 USDT, was awarded to the lucky participant whose ticket number (05980) was the closest to the final five digits (27980) of the hash of the first Bitcoin block generated after 20:00:00 UTC+8 on December 17, 2024. Other exciting prizes included coveted Rolex watches, luxurious Louis Vuitton products, and Apple MacBooks.

In a grand gesture of appreciation for its users, MEXC hosted an exclusive offline supercar award ceremony. The highlight of the event was the presentation of a Lamborghini, valued at 500,000 USDT, to the lucky grand prize winner, Coincheatkey. Overwhelmed by the win, Coincheatkey expressed, “I feel incredibly lucky! This event really showcases MEXC’s commitment to rewarding its community. I am overjoyed to have won the grand prize in this Supercar Giveaway.” MEXC representatives emphasized the company’s commitment to user satisfaction, stating, “Just as driving a supercar represents the pinnacle of automotive excellence, MEXC strives to provide users with an industry-leading Futures trading experience characterized by exceptional liquidity and seamless execution. This commitment to high liquidity is a core principle that the MEXC team has consistently upheld.”

The success of this event underscores MEXC’s dedication to user appreciation and innovation. By offering both sincere gratitude and valuable rewards, MEXC demonstrated its commitment to fostering a thriving and rewarding community. This commitment to user satisfaction is further reflected in MEXC’s core values: providing users with the easiest way to crypto through access to the most trending tokens, daily airdrops, extremely low fees, and comprehensive liquidity. MEXC remains dedicated to creating an exceptional trading experience for all users.

About MEXC

Founded in 2018, MEXC is dedicated to being “Your Easiest Way to Crypto.” Known for its extensive selection of trending tokens, airdrop opportunities, and low fees, MEXC serves over 30 million users across 170+ countries. With a focus on accessibility and efficiency, our advanced trading platform appeals to both new traders and seasoned investors alike. MEXC provides a seamless, secure, and rewarding gateway to the world of digital assets.

MEXC Official Website X TelegramHow to Sign Up on MEXC

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Bety.com Reshapes the Casino Industry with Unmatched User Perks and Original Crypto Games

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Paranaque City, Philippines, Dec 31, 2024, ZEX PR WIRE, Bety.com, the first decentralized casino to enter the Web3 scene, continues to lead the revolution in the online casino industry. The platform has been at the forefront of innovation in blockchain-based casinos since its inception. As part of its ongoing development, the team reveals an enhanced offer proving why crypto casinos outrank traditional casinos in terms of user experience and perks.

An Unmatched Offer of Crypto Games

Bety.com stands out as one of the most versatile crypto casinos in the Web3 landscape. As one of the pioneers in blockchain casinos, Bety.com built a solid reputation for gaming diversity and unequaled entertainment. The platform offers a wide selection of classic casino table games, including poker, blackjack, baccarat, craps, roulette, and more. A rich collection of slots, live casino games, Bingo, and game shows round off a unique and engaging offer.

Bety.com hosts 10,000+ games from reputable developers, including PGSoft, Evolution Gaming, Evoplay, Yggdrasil, Red Tiger, EG Games, and many more. These games are available in its casino and sportsbook. They are constantly updated to incorporate the latest industry trends and technological breakthroughs.

Here is some selections of the games Bety.com offers

Slots: With over 3,000 online slots, Bety.com offers something for every player.  Explore classic three-reel slots or dive into the latest video slots packed with bonus features and the chance to win big.

Live Casino Games: Experience the thrill of a real casino from home with bety.com’s vast variety of live dealer games.  Play Blackjack, Roulette, Baccarat, Gonzo’s Quest and more, streamed live with professional dealers.  

Sportsbook: Bety.com offers a comprehensive betting platform covering a wide range of sports and esports.  Traditional sports like soccer, basketball, and tennis are featured alongside niche options such as darts, snooker, and volleyball.  Esports enthusiasts can wager on over 300 events across multiple popular games, including League of Legends and Dota 2.  The platform also supports live betting, enabling users to place bets in real-time for a dynamic and engaging experience.

Original Bety.com Casino Games

One of the most visited sections at Bety.com is the “Originals” casino gaming page. This part hosts several in-house games with exciting gameplay and appealing RTP rates. Bety.com features its own versions of Plinko, Wheel, Keno, Limbo, Dice, Mines, Coinflip, and more. All of them have a remarkable 98% RTP, inviting players to indulge in their favorite casino games with a Bety.com twist.

Many crypto enthusiasts choose Bety.com for its standout selection of hash games, including Hash Banker Player, Hash Bull, 3-Min Bull, 1-Min Banker Player, and more. These blockchain casino games are an upgrade of traditional casino games, allowing players to predict hash intervals with numerous betting options.

Lastly, Bety.com provides a generous offer of crypto up-down casino games. These exciting games allow players to have substantially high leverage levels of up to 1,000x, generating the opportunity for high returns.

Why Players Choose Crypto Casinos Over Traditional Platforms

The advent of blockchain technology has changed the outlook for numerous industries, including the online betting sector. For decades, traditional online casinos had no competition and, thus, failed to evolve and meet the increasing demands for a better user experience.

As one of the first blockchain casinos, Bety.com saw how it can play a game-changing role in an industry hungry for innovation. The platform rose to the challenge, improving every aspect of the online casino gaming experience. Moreover, it developed its own original games, increased betting options, and boosted transparency and trust. Its probably fair game mechanics established one of the highest standards for fairness in the industry.

Meanwhile, traditional online casinos face the same challenges they did years ago. These platforms are famous for slow payouts, high deposits and withdrawal fees, and improvable game fairness and outcomes. More importantly, traditional casinos can take between 3 and 7 days to process withdrawals, depending on the user’s choice.

On the other hand, Bety.com processes payouts in only a few minutes, sometimes instantly, depending on the blockchain network’s congestion. It also facilitates instant Bitcoin deposits and withdrawals. Players can verify the fairness of each game on the platform’s dedicated verification page, using both server-side and client-side seeds and the cryptographic nonce.

Reshaping the Casino Gaming Industry’s Future

Bety.com allows crypto enthusiasts to play in complete anonymity and privacy. The platform guarantees equal winning odds for all players. It also supports quick deposits and withdrawals, provable fair game odds and outcomes, an exclusive VIP program, and high-quality, 24/7 customer support.

The platform’s rich selection of original, in-house game productions and games from prestigious developers caters to high-end players. The appealing offer of betting options and high-leverage opportunities confirm why thousands of expert players visit it daily.

Ultimately, Bety.com aims to reshape the casino gaming industry through maximum fairness, optimal security, and highly entertaining gaming options. To this end, it combines the best developments in casino gaming with a unique, user-centric approach to deliver a standout playing experience.

About Bety.com

Bety.com is the first decentralized crypto casino offering blockchain-based casino games and a versatile sportsbook. The platform employs cutting-edge technology to provide knowledgeable and responsible players a safe, secure, and rewarding gaming experience. Users benefit from numerous perks, including frequent promotions, cashback options, and bonuses.

Bety.com is owned and operated by 12 Stars International Gaming Solutions Limited, a company established in Seychelles. The website is also licensed and regulated by the Government of the Autonomous Island of Anjouan, Union of Comoros.

You can visit Bety.com at its official website or follow the platform’s latest developments on its dedicated social media channels: X (Twitter) | Telegram | Discord | Facebook |

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AXBIZ CONSULTING: FULL SERVICER MICROSOFT ERP SOLUTION PROVIDER WITH GLOBAL ROLLOUT CAPABILITIES

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Dallas, TX, USA – December 31, 2024 – AxBiz Consulting proudly announces its continued dedication to delivering exceptional Microsoft ERP solutions. Renowned for its niche expertise and global rollout experience, AxBiz Consulting ensures that clients receive tailored solutions and the best value for their business needs.

Championing Customer Value

At AxBiz Consulting, we act as champions for our customers, going above and beyond to ensure they receive optimal solutions. Our commitment to client satisfaction is evident in every project we undertake.

D365BC and D365F&O ERP Projects

Specializing in both Dynamics 365 Business Central (D365BC) and Dynamics 365 Finance & Operations (D365F&O), AxBiz Consulting provides top-tier ERP project implementation. Additionally, we excel in rescuing projects that have veered off course, bringing them back on track with our expertise.

Migration from Great Plains

As Great Plains reaches its end of life, businesses seeking modern ERP solutions should consider migrating to Dynamics 365 Business Central (D365BC) with AxBiz Consulting. Our team ensures a smooth transition, leveraging our deep knowledge and experience to provide seamless integration and enhanced functionality.

Secure Private Cloud Solutions

For clients seeking high-security solutions, AxBiz Consulting offers Secure Private Cloud through our trusted partners. This ensures that your business data remains protected and compliant with the highest security standards, providing peace of mind in a digital world.

On-Time and On-Budget Delivery

We understand the critical importance of delivering projects on time and within budget. Our proven methodologies and experienced team ensure that every project is executed with precision and efficiency. If these qualities are essential to your business, look no further than AxBiz Consulting.

About AxBiz Consulting

With a vision to transform businesses through advanced ERP solutions, AxBiz Consulting has established itself as a trusted partner for companies worldwide. Our focus on Microsoft ERP solutions and our demonstrated global rollout experience make us a leader in the industry. When asked about the key to their success in delivering successful projects, Aijaz Qureshi, the managing partner, replied, “While having a thorough understanding of ERP software functionality is a fundamental requirement for any consultant, it is our extensive experience at every level of the organization that truly sets us apart. This deep knowledge of transaction flows and business operations across diverse industries is what I believe sets us apart from other consulting firms.”

AxBiz Consulting provides not just Microsoft ERP consulting and implementation services, but also a wider range of mergers integration consulting services.

For more information about AxBiz Consulting and our services, please visit our website at www.axbiz.com.

Contact Information:

Email Address: info@axbiz.com

Contact Name: Aijaz Qureshi

Company Name: AxBiz Consulting

Phone Number: +214 884 8778

Postal Address: Dallas, TX, USA

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