What is Audioburst?
Founded in 2015, Audioburst operates at the intersection of artificial intelligence and audio content, offering a sophisticated platform for searching and discovering audio content. With operational hubs in New York, Palo Alto, and Tel Aviv, the company leverages its AI technology to provide a unique service in the rapidly expanding audio market. Audioburst's technology aims to make audio content more accessible and discoverable, catering to a growing demand for personalized and on-demand audio experiences.
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 Advanced Media, 2B-Angels, and Flint Capital
Unspecified (2019): $10M led by Advanced Media, Dentsu, Hyundai Motor Company, Samsung Ventures, and Nippon Broadcasting
Key Investors in Audioburst
Advanced Media
Advanced Media, Inc. specializes in innovative speech recognition technology, particularly through their flagship product, AmiVoice. They offer a range of transcription services and voice input systems designed for diverse industries including meetings, healthcare, call centers, construction and real estate, as well as logistics and manufacturing.
Dentsu
Dentsu Japan is a marketing & advertising company. It provides a creative sphere, promotions, media content, and global business. The company was founded in 1901 and is based in Tokyo, Japan.
Hyundai Motor Company
Hyundai Motor Company is an automobile manufacturer, producing compact and luxury cars, SUVs, minivans, trucks, buses, and other commercial vehicles. Hyundai Motor Company is headquartered in Seoul, South Korea.
What's next for Audioburst?
The recent major strategic investment signals a pivotal phase for Audioburst, likely enabling the company to accelerate its product development, expand its market reach, and enhance its AI capabilities. This enterprise-level funding suggests a focus on scaling operations and solidifying its position as a leader in the audio content discovery space. Future initiatives may include strategic partnerships and further technological advancements to capitalize on the evolving digital audio landscape.
See full Audioburst company page
