Take 1, which is well known in the media and entertainment sector for its transcription, access and localization services, will be officially joining the Verbit Company this summer. Take 1 is headquartered in the UK, so the acquisition will help Verbit bolster its growing European presence. This news follows Verbit’s acquisition of UK market research specialist Take Note in March. …
Verbit is proud to announce that it has been honored with the 2022 ‘Best Speech to Text Solution’ award by the AI Breakthrough Awards program. This year’s program attracted more than 2,950 nominations from over 18 different countries throughout the world. This award marks the second time that Verbit has been the recipient of a Breakthrough award and the third…
Today, Verbit is increasing its footprint in the media and entertainment sector by acquiring U.S. Captioning Company. This addition to Verbit’s portfolio will strengthen its position as a global leader in AI-powered solutions built for each industry’s unique needs. U.S. Captioning is a renowned US-based provider of closed captioning services for national TV stations, networks, producers and programmers. As the…
The Verbit team is proud to launch a year-long partnership with Accessibility.com. The partnership will consist of monthly webinars focused on the growing importance of workplace inclusion. The most recent event, Before You Spend Another Penny: Bake Accessibility into Your Procurement Process, took place on April 26th at 1pm EST. This webinar and the ones that follow are focused on…
Helpful speech-focused lingo and terminology to know If the terms AI, ASR and NLP have you frazzled, you’re not alone. More speech-related acronyms and technologies seem to be popping up regularly, and they’re making their way into the daily vernacular.Here’s a helpful cheat sheet of terms for you to reference. Utilize this list to gain a better understanding of common…
Today, Verbit advances on its journey to drive accessibility forward worldwide with its acquisition of Take Note. Take Note is a UK-based provider of transcription, captioning and live note taking services for the market research, HR and corporate sectors. This milestone expands Verbit’s global efforts and marks Verbit’s entrance into the market research arena. Verbit’s current 2,000+ customers will benefit from…
What sets Verbit apart and allows it to support the accessibility needs of today’s businesses, universities, institutions and agencies? It’s not only its advanced in-house technology; it’s the human element.Verbit has assembled a robust team of professional transcribers who undergo thorough testing and training processes. In 2021, only 6% of transcription applicants were accepted, as Verbit ensures only the top…
This week, Verbit is taking part in Accessibility Plus, a virtual event which will deep-dive into the important topic of digital accessibility. The event, which will be held on January 25th on Zoom, will offer participants expert-led sessions on the rise of digital accessibility lawsuits, the implications of 2021 lawsuits on the future and tips to implement throughout their businesses to…
Verbit was ranked No. 1 in Power in Diversity Israel’s 2021 Women in Startups Report for the best representation of women in large companies of 500 employees and more. The report was based on 424 startups and 70 venture capital firms surveyed.Power in Diversity Israel, which commissioned the report, uncovered gender diversity numbers and insights, reasons why diversity, equity and…
With approximately 43 million of the world’s population living with blindness, individuals who are blind play a large part in our global community. This World Braille Day, Verbit’s leaders are encouraging businesses, schools and the public to consider and recognize the challenges that individuals who are blind or have low vision may be facing on a daily basis. While the…
Many students fear that reporting their disability and access needs will result in them being ‘judged’ or ‘perceived differently.’“Many students aren’t coming forward, either because they’re scared of being ‘labeled’ or because they’re not aware of the resources available to them,” said Bethany Stoltz, Customer Success Manager at Verbit, who works with colleges across the US and UK. “To truly…
Today, Verbit announced it has acquired education and government industry veteran Automatic Sync Technologies. Automatic Sync Technologies is renowned for its transcription solution and expertise and was initially developed by a team of experts with a grant from the US Department of Education. The acquisition furthers Verbit’s leading market position in the US transcription and captioning space, as well as…
Scott Ready, Director, Customer Success and Accessibility Evangelist at Verbit, was recently the featured guest on Accessibility.com’s “Accessibility Matters” video series. Ready has worked in the accessibility realm for over 25 years. In his role at Verbit, he currently works with leading universities and institutions to ensure their learning environments are accessible to students with disabilities, among others. Some of…
Verbit will now provide more Kaltura customers with greater video accessibility. Verbit and Kaltura have expanded their partnership to offer Kaltura customers advanced AI-based captioning, incredible speech recognition technology and fast delivery times to meet the needs of today’s video audiences. Following the shift to virtual events, online learning and remote work brought on by the COVID-19 pandemic, more of…
As university leaders struggle to raise enrollment rates from the 72% decrease experienced this year, many are turning to international students. Verbit hosted a live webinar with guest speaker Julie Merendino, Assistant Director of International Admissions of American University to provide our audience with insights on how to attract and retain these students. 16% of undergraduate students and 13% of…
Today, Verbit announced it has closed its Series E funding round at $250 million, bringing the company’s valuation to $2 billion just five years after it was founded. This new round will further enhance Verbit’s market leadership in the transcription industry, as well as the value that the voice AI platform brings to customers who rely on Verbit’s technology and…
78% of people watch videos online every week. As video becomes one of the most engaging mediums for educating, marketing and connecting with audiences, it’s critical for professionals to use it wisely. In partnership with Brightcove Media, Verbit has joined Brightcove Marketplace’s robust partner ecosystem, a platform that allows its users to learn about tools and integrations that extend the…
As a video accessibility provider, Verbit is committed to keeping up with the most recent trends in online media, especially as the live streaming industry continues to grow rapidly. Verbit is therefore proud to announce its new partnership with developer video platform, Mux. “Mux is democratizing video by solving the hard problems developers face when building video. Verbit is helping…
There’s a lot of talk about international students right now. COVID restrictions remain in play and newly accepted norms have emerged in different ways which education can be delivered. Many institutional leaders are now asking themselves “How are we going to attract the students? What’s the future of international education?” To address these questions, which many in Verbit’s higher education…
Verbit is thrilled to earn a place on TechRadar’s list of “Best Speech-to-Text Services. TechRadar is a respected source for up-to-date technology reviews for businesses. The list features service providers that offer live transcription and captioning solutions for the corporate world and educational institutions. Verbit’s high ranking comes just months after it announced that it achieved the highly coveted unicorn…
Learning Disability Awareness month is celebrated by thousands each year to inform others about the experiences of professionals and students with learning disabilities. Currently, 7.3 million public school students receive special education services and this year was particularly difficult as higher-ed and K-12 learners alike continued their studies with COVID-19 restrictions. To honor those with LDs this month, Verbit spoke…
TIME Magazine dedicated its latest issue, Education Heroes, to honoring the incredible individuals in the K-12 school system who supported students, parents and each other during a trying ‘pandemic school year’ which tested and challenged us all. TIME’s cover dons a striking image. It showcases well-recognized yellow school buses surrounded by a likely lesser-known group of individuals, but who will…
Verbit’s team recently commissioned a survey, Higher-Ed Accessibility Uncovered, to deep-dive into the accessibility and inclusion measures being taken at today’s institutions. The team wanted to explore the knowledge and decision-making processes of today’s higher-ed professionals to inform our community as they head back to school this fall. Additionally, the team wanted to gain an understanding from students with disabilities…
Slator estimates that the video localization market will be valued around $4.97 billion by the end of 2021. Video localization technologies such as captioning and transcription are being used more than ever before, contributing to this growing video localization market across the globe. To educate business leaders seeking insights on video localization services and technologies Verbit Founder and CEO Tom…
While the US continues to make significant progress in terms of gender equity, it likely comes as no surprise that it’s still falling short. In 2020, it ranked No. 53 in the World Economic Forum’s list of 154 countries based on gender equality, and this year it moved up the ranks to No. 30. However, the majority of improvements made…
Most people become frustrated after waiting at a traffic light for just 25 seconds. Research strongly indicates that modern humans expect unrealistically rapid results. The Internet, two-day shipping, streaming services and the ability to download entertainment on-demand are contributing to an incredibly impatient population. However, there are times when people are right to expect fast turnaround times. For millions of…
Government agencies aren’t using Zoom Commercial, but rather Zoom for Government for their meetings, events and town halls. The platform was granted authority to operate by the Department of Homeland Security and the FedRAMP PMO. However, while guaranteed privacy and compliance with a platform that meets the requirements of FedRAMP Moderate baseline and DOD Impact Level 2 is crucial, it…
July marks Disability Pride Month! With at least 25% of American adults living with a disability, it’s never been more important to learn from one another and embrace each other’s differences in both personal and professional settings. Approximately 61 million individuals live with a disability that impacts major life activities, according to a CDC report. Verbit is fully committed to…
It’s June, which means professionals, consumers and students alike are likely “seeing rainbow.” With countless universities and businesses adding a rainbow background to their social media accounts, it’s quite hard to miss. However, it’s also quite simple to ask designers to renovate brand logos. And while the rainbow imagery effectively raises awareness for the milestone that is Pride Month and…
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…
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 webinars, research projects, classes, legal proceedings,…
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…
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…
Today, transcription is being used in a variety of scenarios and formats. Whether it’s a court hearing or an online class, many professionals, students and consumers rely on accurate transcription to perform their daily tasks and job roles. These transcription services are often accompanied by an interesting, yet challenging counterpart – live captions. This service, which is primarily designed to…
How can learning coexist in physical and virtual spaces? With over a year of hybrid learning under their belts, university educators and instructional designers have findings to share. From what’s working well to what you should avoid doing, join Verbit as we host a live virtual summit, EduALL: Making Higher Education Work for All Learners on April 22nd. We’ll explore…
Verbit’s leadership are excited to announce the release of our full support for Real-Time Messaging Protocol, or RTMP. RTMP can benefit broadcast companies who are streaming events in real-time, as it supports what’s known as low-latency streaming. It is also well known for minimal buffering, which enhances the user experience. “This is a game-changer and an offering of great importance for…
Verbit’s leadership is excited to announce the date for our annual EduALL Virtual Summit: Making Higher Education Work For All Learners for April 22nd from 10am-1:30pm EST. The event will engage technology thought leaders and higher-education professionals focused on crafting courses that work for all students. There will be a special session geared toward K-12 education as well, featuring creative…
In conversations with leaders across both K-12 and higher education institutions, it’s become clear that building buy-in to test our new technologies or adopt new learning methods is often the hardest part. Bringing about change can only be done when the right stakeholders are involved and invested. But how can today’s education leaders build buy-in across their schools? This need…
In response to media industry changes and COVID-related needs, more technology is being involved in the media production process to help with remote work. Today’s media production companies and professionals are facing delayed shoots and budget constraints, greater expectations for more on-demand content, FCC compliance requirements and audience desires for personalized content. There’s also a greater need to reach more…
This week, Drew Walsh, Enterprise & Media Account Executive at Verbit, will speak at the Remote Production Conference, produced by Future Media Conferences and in association with NAB Show. The event, happening on March 5-6th, is focused on providing best practices for producers, DPs and post professionals. Walsh’s session, On Air or Off: How AI is Reinventing Media Production Processes…
The COVID-19 pandemic has slowed down the production of many live action TV series, feature films, documentaries and commercials, however one area that is still thriving is animation. Prior to the COVID-19 crisis, animation production was already on the upswing due to the increasing demand for content from streaming platforms and the popularity of both adult-oriented and all-ages shows. According…
Verbit is thrilled to be partnering with the Learning Disabilities Association of America (LDA) to sponsor the keynote session at the LDA 58th Annual International Conference on February 18th. The event, which will be held virtually in 2021, gathers teachers of special education and general education, counselors, social workers, para educators and special education instructional assistants, psychologists, researchers and college…
Media brands and media producers are tasked with creating and delivering content that informs, entertains and inspires audiences. To do so, media and brand content creators are investing significant resources into the creation of video and audio. However, media and brands are likely missing out on their audience reach. If media professionals aren’t making every effort possible to test out…
Verbit releases new Live Deposition solution to help with real-time court reporting Verbit’s leadership are excited to announce the release of our Live Deposition, a solution for real-time digital court reporting. Verbit’s new live transcription tool for depositions and legal proceedings is designed to meet the needs of today’s court reporting market, which is experiencing delays due to the shortage…
This week, Verbit has been partnering with the University Professional & Continuing Education Association for its SOLA+R 2021 event. Verbit has been exhibiting at the event, but is also powering the live captioning of speaking sessions at SOLA+R, the Summit for Online Leadership and Administration + Roundtable. The event engages key campus leaders to focus on the online enterprise from…
The annual Prime Time Online media conference kicks off this week. Verbit’s media team will be participating in the virtual mixing and mingling and sponsoring the keynote presentation on February 2nd. The event engages the Canadian and US media production markets for a multi-day event of keynote sessions, buyers briefings and networking events. Verbit will be showcasing its media offering…
Verbit’s leadership are excited to be participating and exhibiting at this year’s Future of Education Technology Conference, FETC®, a reimagined online event for education technology teams. Attendees come from leading K-12 districts, ed tech providers and higher education institutions to explore the latest productions, solutions and offerings they can bring into their physical and online classrooms. The impact of COVID-19…
We’re excited to announce that Verbit has been named a Red Herring Top 100 Award Winner in North America. The prestigious award recognizes the continent’s most innovative private technology companies of the year. Verbit was selected from thousands of strong entrants. Notable companies, including Alibaba, Skype, Spotify, Twitter and YouTube, have been previously named to Red Herring’s lists. This year,…
After reporting over 400% year over year revenue growth, Verbit is excited to announce it has raised an additional $60M in a Series C round. The round is led by Sapphire Ventures, with participation from existing investors Vertex Ventures, Stripes, HV Ventures and ClalTech, as well as new investor Vertex Growth. This investment round comes within 10 months of Verbit’s…
On Tuesday, August 18th, Verbit’s leadership will be speaking on a panel session during an event produced by City & State New York, a premier media organization dedicated to covering New York’s local and state politics and policy. The event, New York’s Current and Future Education in a Post COVID 19 Era, will take place from 1-4:30pm EST. City &…
Verbit is one of three companies selected to join the Access Israel delegation representing Israeli technology and innovation next week in Vienna at the Zero Project Conference. The three-day conference, which takes place February 19-21, gathers 500 innovators and leaders from around the world to bring exposure to the most innovative and effective policies, practices and technologies improving the lives…
Verbit is excited to announce the close of a $31 million Series B round, led by growth equity firm Stripes and with participation from Viola Ventures, Vertex Ventures, HV Ventures, Oryzn Capital and ClalTech. This latest round of funding brings Verbit’s total amount raised to $65 million, following a $23 million Series A round in January 2019. Verbit’s valuation has…
As technology progresses, higher education institutions continue to make strides toward more inclusive, accessible experiences for students. Yet according to a 2019 report by the National Center for College Students with Disabilities, there are still many barriers to campus access. Professionals at Verbit continue to seek out ways to partner with organizations that educate higher education institutions on accessibility and…
This Thursday, May 16th, is the eighth Global Accessibility Awareness Day (GAAD). Marked annually on the third Thursday of May, the goal of GAAD is to raise awareness of technology accessibility by starting the conversation, and getting people to think and learn about digital inclusivity and how it is impacted by disability. Verbit & GAAD At Verbit, we go…
Making the decision to rebrand your company is not an easy one. Doing it right requires significant thought, time, and energy. It also comes with a fair amount of pressure to a deliver a new look that exceeds all expectations and retains the essence of who you are. So why did we do it? Verbit began just two years ago…
The NAB show in New York City officially kicked off yesterday, drawing in a massive crowd of professionals across the media, entertainment and technology industries. Attendees descended upon the Javits Center to learn about the latest industry trends and witness firsthand the cutting-edge technology propelling these changes – including Verbit’s AI-powered transcription captioning solution. For any organization looking to bolster…
Taking place this week, the annual AHEAD conference brings together disability professionals in higher education to make valuable connections and gain new insights. This year’s 41st edition in Albuquerque, New Mexico promises to present different perspectives on many relevant topics, and of course, give attendees the chance to catch up with colleagues and build new relationships. The Verbit team can…
Words Matter Let’s face it, words make a difference. The change of one word in a sentence can tell an entirely different story. Have you heard of the old-time rhyme “Humpty Dumpty Sat On a Call?” Nope, you haven’t. The correct title of this famous rhyme is “Humpty Dumpty Sat On A Wall.” However, if you did hear about the…
April 2018 – Verbit secures a $11million seed funding, led by HV Holtzbrinck Ventures, Vertex Ventures and Oryzn Capital. Verbit was founded only a year ago by entrepreneurs Tom Livne (CEO), Eric Shellef (CTO) and Kobi Ben-Tzvi (VP of Engineering). The startups operates in the professional transcription market, which is a multi billion dollar market for its various connections to clients at different…