UPDATED 17:50 EDT / AUGUST 29 2024

AI

Atlassian acquires AI-powered video meeting assistant platform Rewatch

Collaboration and productivity software provider Atlassian Corp. today announced the acquisition of Rewatch Inc., the maker of an artificial intelligence video meeting recording and post-meeting assistant, with the intent of integrating the company’s product with its video communication tool Loom.

Founded in 2020, Rewatch provides users the ability to record virtual meetings and receive recaps of what happened, summarize the important parts in AI-generated meeting notes, and provide accurate action items.

“Rather than spending 30 minutes watching a call or attending a meeting, you could spend just 30 seconds reading the meeting summary delivered directly to your inbox,” Rewatch co-founders Connor Sears and Scott Goldman said in a blog post about the announcement.

The acquisition dovetails with Loom, a work-focused video collaboration platform that Atlassian acquired in October for $975 million.

Loom’s software provides a way for users to record their computer screens and easily share their work with coworkers to provide context more easily within teams. This allows colleagues to get work done with direct visual cues about user experience, code review, sharing feedback, understanding what’s happening in video, troubleshooting and holding meetings.

“We are deep believers, particularly in async video, and we think that helps reduce meetings overall, but it can also make meetings more effective,” Joe Thomas, co-founder and head of product of Loom told SiliconANGLE in an interview.

In a future integration, Thomas said that Rovo AI agents would review the notes and action items to automatically update related parts of an enterprise customer’s knowledge base.

“We felt like it was the right time to go deeper on the meeting recording space because of what Rovo enables generally,” Thomas said. “So, you can get more value out of meeting recordings by making them available in a unified search. Rovo also has agentic AI. We can look at the meeting and see what Confluence pages or what Jira issues we discussed and can we provide you with action items to update those on your behalf after the meeting.”

This would take the burden off people in the meeting by opening up the ability to reach across the entire Atlassian knowledge ecosystem. Thomas added that Rewatch also has a calendar integration that allows users to set which meetings they want to record, allowing them to toggle on and off where the agent will go. It also allows permissions for security and privacy that connects to the larger Atlassian platform.

“We are in meetings a good chunk of our week,” Thomas said, remarking on the need to apply AI assistants to meetings. “There is a critical amount of knowledge that is exchanged and decided on in meetings and that was an important area for us to explore to make that recorded and indexable.”

Atlassian did not reveal financial or other details on the acquisition. Rewatch said that customer data is safe and videos will be kept, but over the next 90 days, the platform will be sunsetting.

Image: Atlassian

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