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

By Danielle Chazen

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…
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Top 10 Reasons Why Verbit is Revolutionizing the World of Transcription

By Verbit Editorial

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…
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The Verbit Team Celebrates Global Accessibility Awareness Day

By Danielle Chazen

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

By Danielle Chazen

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…
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Captioning: Exploring Viewer Perception and Reality

By Verbit Editorial

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…
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Teaching Hacks: ‘Let’s Take Work Off Your Plate’

By Danielle Chazen

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…
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Verbit Releases Real-Time Messaging Protocol (RTMP) Support

By Danielle Chazen

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…
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Announcing Verbit’s Annual EduALL Speaker Lineup

By Danielle Chazen

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…
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How Are You Building Buy-In At Your School?

By Danielle Chazen

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…
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Meeting New Media Market Requirements

By Danielle Chazen

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…
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