6 years ago
Audio Analytic Raises $12M in Series B Funding for Sound Recognition Technology
Audio Analytic, a Cambridge, UK-based sound recognition company, has secured $12 million in Series B funding
The funding round was led by Cambridge Innovation Capital, IQ Capital, and new investor National Grid Partners
Audio Analytic intends to use the funds to invest in core technology and IP, further extend the number of sounds and scenes that its customer's products can recognize
The company has licensed its technology to major global brands, including Hive, Iliad, and Sengled.
ProblemTechnology
"Consumer technology often lacks the ability to understand and react to contextual information provided by sounds."
Solution
"Audio Analytic's technology provides consumer devices with advanced, edge-based AI to recognize and understand sounds, making them more helpful to people."