Mylestone, a Boston, MA-based platform that makes memories accessible via Amazon’s Alexa and other virtual assistants, raised $2.5m in funding.
The round was led by True Ventures with participation from Founder Collective, Boston Seed Capital, Converge Ventures and Mergelane.
The company has raised total funding to $4.5M,
Led by serial entrepreneur and founder/CEO Dave Balter, whose last companies include BzzAgent (acquired by Tesco in 2011) and Smarterer (acquired by Pluralsight in 2014), Mylestone utilizes memory artifacts, including photographs and social data, to generate enriched narratives that are available on command via virtual assistants.
Their technology uses artificial intelligence (AI) and human inspection to identify common themes, and then translates those into narratives.