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 by venture capital firm DCM in 2014.

AISpeech had previously secured an undisclosed eight-figure renminbi amount of funding from Legend subsidiary Legend Star and TusPark Ventures, the investment arm of Tsinghua University, in 2012.

– This article first appeared on our sister site Global Corporate Venturing.

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 by venture capital firm DCM in 2014.

AISpeech had previously secured an undisclosed eight-figure renminbi amount of funding from Legend subsidiary Legend Star and TusPark Ventures, the investment arm of Tsinghua University, in 2012.

– Image courtesy of AISpeech.