The Israeli startup, formerly Nagish, develops AI-powered real-time speech and sign-language translation tools for deaf and hard-of-hearing users and says it has reached early profitability after FCC licensing unlocked regulated U.S. revenues. Israeli startup Rylo (formerly Nagish) has completed an $85 million funding round at an estimated valuation of approximately $500 million. The round was led by U.S. venture capital firms General Catalyst and Canaan,with participation from all existing inve...