What is Audioburst?
Founded in 2015, Audioburst operates as an AI-powered audio content search engine and discovery platform. With operational hubs in New York, Palo Alto, and Tel Aviv, the company leverages artificial intelligence to organize and make accessible vast amounts of audio content. This innovative approach positions Audioburst as a key player in transforming how users find and consume audio information, catering to a growing demand for personalized and efficient content delivery.
How much funding has Audioburst raised?
Audioburst has raised a total of $16.7M across 2 funding rounds:
Series A
$6.7M
Unspecified
$10M
Series A (2017): $6.7M with participation from Flint Capital, 2B-Angels, and Advanced Media
Unspecified (2019): $10M led by Hyundai Motor Company, Advanced Media, Dentsu, Samsung Ventures, and Nippon Broadcasting
Key Investors in Audioburst
Hyundai Motor Company
Hyundai Motor Company, a global automobile manufacturer, has invested in Audioburst, indicating a potential strategic interest in integrating advanced audio technology into the automotive sector or related mobility services.
Advanced Media
Advanced Media, Inc., specializing in speech recognition technology, has backed Audioburst, suggesting a synergy in AI and voice-related innovations within the audio content space.
Dentsu
Dentsu, a prominent marketing and advertising company, has provided capital to Audioburst, likely seeing potential in leveraging AI-driven audio content for media, promotions, and global business strategies.
What's next for Audioburst?
The substantial enterprise-level funding and recent strategic investment indicate Audioburst is poised for significant scaling and market expansion. This capital infusion is likely to fuel further development of its AI technologies, enhance its content library, and broaden its reach into new markets and partnerships. The company's trajectory suggests a focus on solidifying its position as a leader in the audio tech space, potentially exploring new monetization strategies and deepening its integration with various media platforms.
See full Audioburst company page
