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

Accessibility communications service Nagish has rebranded as Rylo and raised $85 million in growth funding, the company announced on June 9. The round, led by General Catalyst and Canaan alongside existing investors, brings total funding to over $100 million and will support Rylo's expansion beyond AI-powered phone 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...