English learning app ELSA lands $15 million Series B for global development and its B2B platform

English learning app ELSA lands $15 million Series B for global development and its B2B platform

Speaking is one of the hardest parts of learning a new language, specifically if you don’t have someone to experiment frequently. ELSA is an app that helps by utilizing speech recognition technology to correct pronunciation. Based in San Francisco and Ho Chi Minh City, ELSA revealed today it has raised a $15 million Series […] The capital will be used to expand ELSA’s operations in Latin America and develop a scalable B2B platform, permitting business and academic organizations to offers the app’s training services to staff members or trainees. Established in 2015, ELSA, which stands for English Language Speech Assistant, now declares more than 13 million users. The business recently formed a collaboration with IDP and British Council, which owns the widely-used IELTS English language test and now recommends ELSA to for test preparation. ELSA co-founder and primary executive officer Vu Van informed TechCrunch that many users want to improve their English speaking efficiency for task opportunities and to increase their earning capacity. ELSA is an app that assists by using speech recognition technology to remedy pronunciation….

Dialpad raises $100M Series E at a $1.2 B appraisal

Dialpad raises $100M Series E at a $1.2 B appraisal

Dialpad, the business-centric voice, video and contact-center service, today revealed that it has actually raised a $100 million Series E financing round led by OMERS Growth Equity. Andreessen Horowitz, Google Ventures, ICONIQ Capital and Work-Bench also took part. The business says its appraisal is over $1.2 billion after it has actually now raised an overall of $245 million. […] , the business-centric voice, video and contact-center service, today revealed that it has actually raised a$100 million Series E funding round led by OMERS Growth Equity. Back in 2018, it introduced its VoiceAI service, for example, and it now offers a number of AI services as part of its Voice Intelligence service (or Vi, as the business calls it). Craig and his group have developed an impressive business, providing a leading product in a market with a long growth runway. …

Where is voice tech going?

Where is voice tech going?

It’s a brand-new world, and voice tech is shaping it. Where is voice tech going? With so many assistants multiplying internationally, voice will end up being a product like an app or a website. It will quickly (read: over the next couple years) become table stakes for a business to have voice as an interaction channel for a lovable experience that users expect. An essential inhibitor of innovation is frequently circulation, however this has not been the case with voice. Large numbers of people are utilizing voice assistants, not just owning them….

Medallia acquires voice-to-text specialist Voci Technologies for $59M

Medallia acquires voice-to-text specialist Voci Technologies for $59M

M&& A has actually largely slowed down in the existing market, but there stay pockets of activity when the timing and cost are. Today, Medallia — — a customer experience platform that scans online evaluations, social networks, and other sources to offer much better insights into what a business is doing right and incorrect and what requires to […] Medallia gets voice-to-text professional Voci Technologies for $59M …

Deepgram raises $12M for enterprise speech recognition

Deepgram raises $12M for enterprise speech recognition

Deepgram, a startup focused on high-quality, real-time speech recognition, announced a $12 million Series A this morning. The startup, founded a half decade ago, according to Crunchbase data, with just a few million in raised capital, is interesting, as its success to date was founded on two consecutive experiments. The first dealing with its technology, […] …