Audio Burst announced that it has received $10 million in funding from Dentsu Innovation Partners Inc., Hyundai Motor Company, Samsung Venture Investment Corporation, Nippon Broadcasting System, Inc., Advanced Media, Inc.
April 21, 2019
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Audio Burst announced that it has received $10,000,000 in a round of funding on April 22, 2019. The transaction included participation from new investors Dentsu Innovation Partners Inc. and Hyundai Motor Company (KOSE:A005380); and returning investors Samsung Venture Investment Corporation, Nippon Broadcasting System, Inc., and Advanced Media, Inc. (TSE:3773).
Advanced Media, Inc. is a Japan-based company engaged in the voice recognition business. The Voice Recognition segment operates through three business divisions. The Solution division is engaged in the planning, design, development of voice recognition solutions embedded with voice-recognition technology. The Product division provides applications embedded with voice-recognition technology. The Service segment provides other services utilizing voice-recognition technology. The Company provides its solutions, applications and services to enterprises and institutions in a variety of industries, including call centers, manufacture and distribution, mobiles, entertainment and education, medical and conference recording, as well as individual customers.
Audio Burst announced that it has received $10 million in funding from Dentsu Innovation Partners Inc., Hyundai Motor Company, Samsung Venture Investment Corporation, Nippon Broadcasting System, Inc., Advanced Media, Inc.