Voiceitt Closes Funding Round

Voiceitt

Voiceitt, a Ramat Gan, Israel-based provider of speech recognition technology for non-standard speech, closed a funding round of undisclosed amount.

The round was led by AMIT Technion, with participation from Cisco Investments and Third Culture Capital.

The company intends to use the funds to accelerate commercialization of its technology and expand its proprietary speech database of non-standard speech.

Led by CEO Danny Weissberg, Voiceitt provides speech recognition technology for non-standard speech. Its new stand-alone product, now in Beta, employs algorithms to enable flexibility and accuracy in natural spoken conversation by non-standard speakers, allowing them to calibrate the system and then experience mainstream voice products similarly to the way standard speakers do. Voiceitt’s underlying machine learning algorithms are built from the company’s proprietary database of non-standard speech recordings that educate and evolve the technology’s AI. Its initial rounds of beta testers were recruited from Voiceitt’s international network of nonprofits, disability organizations, hospitals and clinics, government entities, and educational institutions.

An earlier version of the technology is available in the iOS App Store with the integration of Voiceitt’s speech recognition capabilities with Alexa, and via partners and manufacturers that integrate their products with Voiceitt’s API or software development kit.

The company was founded in 2012 and is headquartered in Tel Aviv with a subsidiary in Stamford, CT.

FinSMEs

05/12/2022