UK-based Audio Analytic raises $5.5 million for sound recognition software

UK-based Audio Analytic, which uses AI to develop sound recognition technology, announced the closing of a $5.5 million Series A round. The round was led by Cambridge Innovation Capital, with participation from IQ Capital, Rockspring, Cambridge Angels and Martlet. This Series A funding follows previous rounds in 2014 and 2015, bringing the company’s total money raised to $8 million.