Deepgram raises $12 million to train custom speech recognition models for businesses

Courtesy of Venturebeat

Deepgram, a Y Combinator graduate building tailored speech recognition models, today announced it has raised $12 million in series A financing. CEO and co-founder Scott Stephenson says the proceeds will bolster the development of Deepgram’s platform, which helps enterprises to process meetings, calls, and presentation recordings. If all goes according to plan — if Deepgram’s scale eventually matches that of the competition — it could save organizations valuable time by spotlighting key results.

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