Voice emotion recognition developer Beyond Verbal has closed a $2.8 million financing round led by t angel investor Kenges Rakishev and new venture capital fund Genesis Angels. Following the investment Rakishev is joining Beyond Verbal’s board of directors.
Voice Recognition has also launched a patented technology that can extract, decode, and measure a full spectrum of human emotions from a person’s raw voice.
Beyond Verbal’s technology was founded on 18 years of research by physicists and neuropsychologists, who studied more than 60,000 test subjects in 26 languages. Bundled into the company’s software are emotional detection engines that allow devices and applications to understand an individuals’ mood, attitude, and decision-making characteristics as they speak.
Beyond Recognition CEO Yuval Mor said, “Nearly two decades of research tells us that it’s not what someone says, but how they say it, that tells the full story,” “Beyond Verbal has the potential to impact numerous multi-billion dollar verticals and leverage a new market of emotionally-enhanced applications installed in any voice-enabled, voice-activated, or voice-controlled device. This opens up a new dimension of emotional understanding, called emotions analytics, giving humans and machines the ability to react in ways that were never before possible.”
Based in Tel Aviv, the company was established earlier this year.
Beyond Verbal licenses its technology, which holds four US patents, for partnerships in the fields of consumer applications, devices, appliances, and software, to name a few. The first third-party mobile app using its API is set to launch in the coming weeks, while the company is preparing to launch a web tool where people can use the platform to analyze voices.
Beyond Verbal chairman Yuval Rabin said, "Beyond Verbal introduces a whole new dimension to human-machine interaction. Bringing emotions-understanding into our everyday life is a game-changer.”
Rakishev said, "Beyond Verbal’s capabilities open up a yet uncharted field of Emotions Analytics. This is an exciting venture to anyone interested in Artificial Intelligence and in the future of human interactions."
Published by Globes [online], Israel business news - www.globes-online.com - on May 9, 2013
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