Read AI, an AI-powered meeting assistant startup, has raised $50 million in a Series B funding round led by Smash Capital, just six months after a $21 million Series A. According to co-founder David Shim, the company has seen strong growth, with over 100,000 new accounts created since the Series A. Read AI plans to use the funding to accelerate product development and expand its staff from 40 to 100 employees by Q1 2025. The company’s AI bot integrates with email, Slack, and enterprise tools, and has recently released a free Chrome extension to provide summaries and insights across various work platforms. Source: TechCrunch