Carnegie Mellon voice recognition spin out raises its series A led by Pittsburgh Equity Partners.
Voci Technologies, a speech recognition company backed by US-based university Carnegie Mellon, where its technology has "its roots", raised $3.1m yesterday.
The series A financing round was led by venture firm Pittsburgh Equity Partners and was joined by investors including angel groups BlueTree Allied Angels and the Innovation Works.
Voci said it has produced "the world’s first commercial speech recognition appliance". The business’ technology is based on work on accelerated speech recognition done at Carnegie Mellon, it said.
Voci says…