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Read AI raises $50M to capitalize on strong demand for its AI summary bot

Read AI raises $50M to capitalize on strong demand for its AI summary bot

October 28, 2024: Read AI Secures $50M for Enhanced Integrations - Read AI, a startup offering an AI bot for meeting insights and summaries, secured $50 million in a Series B funding round led by Smash Capital. With rapid user growth and strong demand, the company aims to expand its features by integrating with tools like Slack, email, and enterprise platforms. A new Chrome extension further enriches user experience by summarizing emails and meetings. Read AI plans to scale its team from 40 to 100 by Q1 2025, leveraging the funds to enhance and offer its services for free.

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