The speech recognition technology company, funded by corporate venturing unit Legend Star at series A stage, has raised $30m from undisclosed backers.

AISpeech, a China-based speech recognition technology developer backed by conglomerate Legend Holdings, has closed a RMB200m ($30m) series C funded by undisclosed investors, China Money Network reported on Tuesday.

Founded in 2007, ISpeech produces speech recognition and analysis tools that have been used by a variety of technology companies to aid vocal-command functions. It plans to invest the series C cash in content consolidation and global expansion.

The round comes in the wake of a $15m series B round backed…