Conversational analytics startup Uniphore has raised $140 million in a Series D funding round led by Sorenson Captial. Uniphore provides AI-powered virtual agents for voice-based customer service and analysis and is now looking to expand into video conversations as well.
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Canadian travel startup Hopper has raised a $170 million Series F round, led by Capital One. The U.S. banks and credit card company is also coming on board as a strategic partner, to launch Capital One Travel, which is the first instantiation of Hopper’s new B2B platform, Hopper Cloud. This is Hopper’s second raise in a year that has been marked by turmoil for the travel industry, owing to the disruptions caused by the global COVID-19 pandemic.
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Enterprise writing assistant startup Copy.ai has raised $2.9 million in a seed funding round led by Craft Ventures as first revealed in a TechCrunch report. The startup uses artificial intelligence built on the powerful GPT-3 language model from OpenAI to help businesses write a growing variety of texts including advertisements, product descriptions, social media posts, among others.
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Transcription AI startup Otter.ai has closed a $50 million Series B funding round led by Spectrum Equity, a major indicator of the importance of these services Otter is planning major expansion over the next year and will apply the funding to improving its technology and expanding its customer base.
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Educational app developer ELSA (English Language Speech Assistant) has closed raised a $15 million Series B funding round led by Vietnam Investments Group and SIG. ELSA uses automatic speech recognition and AI to teach users how to speak correctly pronounced English with, ELSA English.
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Speech recognition technology startup Deepgram has closed a $25million Series B funding round led by Tiger Global with participation from Wing Venture Capital, Citi Ventures, SAP.io, and NVIDIA Inception GPU Ventures. The funding almost doubles the investment raised by Deepgram as it expands the reach and features offered by its enterprise-focused automatic speech transcription and analysis platform.
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