Unisound Receives Investment from Qualcomm

Unisound, a Chinese voice recognition and processing technology provider, received an investment of undisclosed amount from Qualcomm Incorporated (NASDAQ: QCOM).

The company is expected to be funded through the company’s $150M strategic Chinaventure fund that was announced earlier in 2014. The investment is part of a Qualcomm commitment to invest an aggregate of $40m into four Chinese companies and the China Walden Venture Investments, L.P. fund.

Unisound has launched a series of voice recognition service middleware and platforms, which have been deployed in mobile Internet, smart appliance, wearables, on-car navigation, healthcare, education, and call centers by providing professional voice recognition service to enterprises and consumer users.

FinSMEs

16/12/2014

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