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Verbit Raises Additional $31 Million in Series B Funding Round

By Danielle Chazen

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…
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ASR and the Next Generation of Transcription

By Danielle Chazen

Today’s consumers expect to be able to access anything, anywhere and at any given moment. This on-demand mentality has driven the voice technology market to new heights. Voice technology allows us to be hands-free. It’s reinvented the way we place calls, complete daily chores, lock our cars, take notes and a seemingly endless array of other applications. Voice-driven technologies continue…
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Closed Captioning 101: What You Should Know

By Ayelet Weizs

Leaders in higher education are captioning their content more than ever before. Institutions are utilizing closed captioning services to assist students who are deaf or hard of hearing, as well as students who retain content better when it’s also presented visually. Unlike open captions, which are displayed on the video by default, closed video captioning services are controlled by the…
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How Technology Assists Deaf and Hard of Hearing Students

By Ayelet Weizs

Individuals navigating a multitude of disabilities that often aren’t evident by the naked eye, frequently do not disclose them. As a result, these individuals often aren’t taking advantage of tools that can greatly assist them in their studies, workplace or daily lives. This reality is elucidated by statistics, which include: 1 in 8 people in the U.S. is experiencing hearing…
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What is Speech Recognition Used For?

By Ayelet Weizs

Automatic speech recognition impacts everything from our personal lives to how justice is served in courts to improved student learning. So what exactly is speech recognition? How does speech recognition work across industries that impact our day to day lives, health, education, careers, and chances to thrive?   How Did Speech Recognition Begin? It was 1952 when Bell Laboratories presented…
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The Impact of Education Technology on Student Achievement

By Ayelet Weizs

Higher education institutions are combining advanced technology and education strategies to improve student achievement. This combination has led to incredible growth in the expansion of personalized learning paths that help students thrive and interactive experiences that further immerse students in the professions they're pursuing. These strategies are preparing students to work in fast-paced, technologically-driven environments. Arguably the greatest impact of…
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What is Voice Recognition Used for and How Does it Work?

By Ayelet Weizs

Voice recognition technology identifies a speaker and authenticates that he or she is indeed that individual. Unlike speech recognition, which identifies the words spoken, voice recognition analyzes countless patterns and elements that distinguish one person's voice from another. Voice recognition is now being used in every facet of our lives, personally and professionally.   How Is Voice Recognition Used in…
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EDUCAUSE & Verbit: Leveraging Technology to Improve Higher Education Accessibility

By Ayelet Weizs

  Digital transformation is making waves in higher education across the world. It changes how leadership manages the campus, it makes data-based automation possible for improving campus operations and student wellbeing, and it differentiates institutions for top tier students who seek innovative education that trains them to succeed in tomorrow's workplaces, just to name a few of the exciting developments.…
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Transcription Rates & What Must Be Included in the Price

By Ayelet Weizs

In today's world, organizations are inundated with a wide variety of transcription rate structures, which makes it challenging to compare one service provider from another. Therefore, the following quick guide is all about the most common payment structures, what transcription rate per minute and transcription rates per hour organizations can expect to pay, plus what exactly goes into those rates,…
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Positive Effects of Technology on Education: Make a Bigger Impact

By Ayelet Weizs

Education has been opening doors to professional and personal growth for centuries, but not for everyone. Therefore, an increasing number of education organizations are tapping into the positive effects of technology on education, realizing that choosing the right tools and methods can be a game-changer for students that have been previously marginalized. To get organizations ready to expand their impact…
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