Israeli Audioburst, an AI-based audio curation platform, has raised $6.7 in Series A funding. The investment round was led by Japan's Advanced Media Inc., with participation from Flint Capital, 2B-Angels and Mobileye investors consortium.
Audioburst organizes and categorizes audio content all over the globe in order to deliver users personalized content based on their "listening identities". Using AI, the startup goes through millions of minutes audio content daily, and transforms it into searchable audio clips, which it calls "bursts".
“The growing popularity of Amazon Echo, Google Home and voice activated apps, has created an exponential demand for audio content," said Audioburst cofounder and CEO Amir Hirsh, as reported by NoCamels. "In fact, as of 2016, 20% of search queries on Google’s mobile app and on Android devices are voice searches. Users have learned to get their factual answers spoken to them by the different devices, but are now looking for a winning content experience”
Read more: Globes