Nagish becomes Rylo and raises $85 million for AI call captioning

Tomer Aharoni, co founder and CEO of the accessibility communications service formerly known as Nagish, announced on June 9 that Nagish has rebranded as Rylo and raised $85 million in growth funding to expand beyond phone call captioning. Rylo said in a company post that the financing came from General Catalyst and Canaan and existing investors, bringing total funding to more than $100 million. A same day post on X described the round as $75 million in growth funding led by General Catalyst's...