Deepgram Pulls In $47M Series B Funding
Summary
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.
Funding
Amount
$47.0M
Total raised
Date
November 29, 2022
Announcement date
Investors
Video Island
Lead investors
Company
http://www.deepgram.com
Funded company
Classifications
industries
No industries detected
applications
Customer Service & Support
AskAI Classifications
Labels
Voice AI
Speech-to-Text
Text-to-Speech
Linked Companies
Deepgram
$10M to $25M