BlueCross BlueShield Venture Partners, a $116m corporate venturing fund sponsored by the Blue Cross and Blue Shield Association managed by venture capital and incubation firm Sandbox Industries, invests in Nexidia's $23m round as a new investor.

Nexidia, a speech analysis and search company formerly known as Fast-Talk Communications, has raised more than $23m from a consortium including a health insurance association.

BlueCross BlueShield Venture Partners, a $116m corporate venturing fund sponsored by the Blue Cross and Blue Shield Association managed by venture capital and incubation firm Sandbox Industries, invested in Nexidia as a new investor. One of Nexidia’s key vertical markets within contact centers is health insurers.  Paul Brown, managing director of BlueCross BlueShield Venture…

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