Yobe, Inc., a Boston, MA-based provider of artificial intelligence-powered signal processing solutions, secured $1.8M in seed funding.
Clique Capital Partners, a $100M fund for investing in transformative voice technologies, provided the funds. The round follows a $990K round of angel funding and the 2016 receipt of a National Science Foundation SBIR grant to fund innovative research to solve the “Cocktail Party Problem.”
The capital will be used to accelerate the commercialization of the company’s intelligent voice biometrics technology as they prepare for product launch this summer.
Founded by President and CEO Ken Sutton, Yobe uses artificial intelligence to identify a signal’s DNA – biometrics in the case of voice – to identify, track, isolate and separate voices of interest from other voices in noisy environments. The technology allows device manufacturers to augment their products with improved far-field speaker and speech recognition, voice UI and voice search, speech analytics and speech-to-text transcription, chatbots and conversational interactions.