Speech recognition startup Semantic Machines raises .3M

Semantic Machines, a startup with speech recognition technology and talent from Apple and Google, disclosed today that it has raised $12.3 million in new funding. Investors from Bain Capital Ventures and General Catalyst Partners are listed in the filing the startup submitted to the U.S. Securities and Exchange Commission. Last year Semantic Machines named Larry Gillick as its chief technology officer. Gillick was previously chief speech scientist for Siri at Apple. Now Semantic Machines is looking to go further than Siri and other personal digital assistants currently on the market. “Semantic Machines is developing technology that goes beyond understanding commands, to understanding conversations,” the startup says on its website. “Our Conversational AI represents a powerful new paradigm, enabling computers to communicate, collaborate, understand our goals, and accomplish tasks.” The startup…


Link to Full Article: Speech recognition startup Semantic Machines raises .3M