Communications - Monday, February 8, 2010
Audio Transcription's 3Play Media Seed Funded
Play Media, out of Somerville, MA, has secured $450K of a $600K seed funding round. 3Play works on transcription, captioning, and audio search. Clients pay 3Play to use technology to convert audio recordings to text and then to clean up the errors with the help of editors. We have been wondering recently why there is not an industry standard service for voice to text. The answer is that quality is poor. So it makes sense that 3Play combines tech and humans. The hard part will be to market the s... Full Story
Euro Ventures - Saturday, January 9, 2010
Rightware Closes €3M for Spin-off
User interface technology developer Rightware raised its first round of funding, securing €3M ($4.3M) in the deal. Nexit Ventures and Inventure (a Nordic focused early stage investor) co-led the round. Nexit Ventures invests in mobile and wireless... Full Story
Euro Ventures - Thursday, December 31, 2009
Nuance Picks Up SpinVox for $102.5M
Nuance Communications, a speech and imaging service, acquired SpinVox in a hefty deal worth $102.5M ($66M cash and $36.5M common stock). SpinVox, is a robust service that allows you to utilize speech recognition technology to convert voice messaging... Full Story
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