Deepgram Pulls In $47M Series B Funding

SAN FRANCISCO, CA, Deepgram today announced that it has raised $47 million in equity funding. The round was led by Madrona, with Alkeon participating as a new investor. This transaction completes Deepgrams Series B round in which the company raised a total of $72 million, the largest known Series B round in the automatic speech recognition category. Deepgrams speech AI platform is the foundation for the future of voice technologies. Powered by Deep Learning models, their scalable API reliably translates high-value audio into parsable data with industry leading accuracy.