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Verbit Emerges as a Unicorn Company Following $157 Million in Series D Funding

By Danielle Chazen

08 Jun 2021

2MIN READ

08 Jun 2021

Danielle Chazen 2MIN READ

On the heels of its recent acquisition of VITAC, the Verbit team has exciting news to announce. Verbit has secured $157 million in Series D funding, positioning the company as a unicorn with a valuation of over $1 billion. This marks an incredible achievement just four years after Verbit’s inception. The round was led by Sapphire Ventures, alongside new investors…

Improve Your Online Presence with Transcription & Captioning 

By Danielle Chazen

07 Jun 2021

6MIN READ

07 Jun 2021

Danielle Chazen 6MIN READ

Businesses are investing significant efforts in growing their online presence, and they’re creating and distributing more video as a result. Videos are being launched on a variety of channels, including social and streaming platforms, to raise brand awareness and engage online audiences. In fact, 86% of businesses now use video as a marketing tool, a 25% increase from five years…

6 Helpful Ways Verbit Can Improve Your Zoom Game

By Sarah Roberts

30 May 2021

2MIN READ

30 May 2021

Sarah Roberts 2MIN READ

When COVID-19 forced schools, businesses and other institutions to go remote, Zoom became a household name. The platform supported millions of meetings, classrooms and government proceedings to allow the world to continue to function in unprecedented times. Verbit launched an integration with Zoom to offer its sophisticated artificial intelligence to provide Zoom transcription and captioning. The result: a much-improved improved…

Top 10 Reasons Why Verbit is Revolutionizing the World of Transcription

By Verbit Editorial

25 May 2021

4MIN READ

25 May 2021

Verbit Editorial 4MIN READ

The transcription market in the US alone was valued at $19.8 billion USD in 2019 and is anticipated to expand by 6.1% from 2020 to 2027. Organizations across the globe generate large volumes of data every day that can be effectively used to obtain valuable insights. Today's businesses and organizations are using transcription for research projects, classes, webinars, legal proceedings, data…

How Mature AI Tools Can Promote Diversity and Inclusion

By Sarah Roberts

25 May 2021

2MIN READ

25 May 2021

Sarah Roberts 2MIN READ

Many technologies designed to be inclusive fall short. Speakers with non-anglicized names or who have less neutral accents often feel that technology is excluding them. Voice recognition programs like Siri and Alexa frequently misinterpret a speaker’s words.  For many individuals, the inability of tech to correctly transcribe their speech is a frustrating result of discriminatory programming. Programming voice recognition is…

6 Benefits of Closed Captioning you Need to Start Utilizing

By Verbit Editorial

20 May 2021

2MIN READ

20 May 2021

Verbit Editorial 2MIN READ

Video creation should be a key component for any modern business’s communication and marketing plan. Not only are videos one of the most effective marketing tools to boost engagement with your audience, but they are also effective in getting messages across to your employees. That said, simply creating video is not enough. In order to engage with audiences, employees and…

The Verbit Team Celebrates Global Accessibility Awareness Day

By Danielle Chazen

19 May 2021

4MIN READ

19 May 2021

Danielle Chazen 4MIN READ

Accessibility isn’t just what we do, it’s what individuals at Verbit believe in. Verbit hires individuals who recognize that accessibility is a necessity. Some of our team members have personal experiences with disabilities, while others are working hand-in-hand with university and business leaders to make their offerings more accessible. On a daily basis, we see the importance and the results…

Verbit Leaders Speak at Accessibility-Focused Education Events

By Danielle Chazen

18 May 2021

3MIN READ

18 May 2021

Danielle Chazen 3MIN READ

With Global Accessibility Awareness Day coming up this week on Thursday, May 20th, it’s only fitting for the education community to host multiple events focused on this important matter. Verbit's leadership are investing in events which focus on the idea that accessibility and inclusive design are more important than ever. Accessibility continues to become of greater concern to more stakeholders…

Must-Know Captioning and Accessibility Requirements For UK Higher-Ed Institutions

By Sarah Roberts

18 May 2021

4MIN READ

18 May 2021

Sarah Roberts 4MIN READ

According to UK statistics, 13 percent of students entering British universities have a disability. Accommodations are essential to help these students fully participate in their coursework and thrive in higher education settings. Technology is constantly evolving to offer support to higher education students who are navigating disabilities. However, the UK’s laws surrounding accommodations can often be unclear. Some higher education…

Verbit Acquires VITAC To Become World’s Largest AI-Powered Transcription and Captioning Platform

By Danielle Chazen

11 May 2021

2MIN READ

11 May 2021

Danielle Chazen 2MIN READ

In an effort to drive forward its mission to make all video and audio content accessible to everyone through its high-quality captioning and transcription capabilities, Verbit’s leadership team has exciting news to share. Today, Verbit announced the acquisition of VITAC, the largest provider of captioning products and solutions in North America. The acquisition will position Verbit as the No. 1…