Emotions analytics solutions developer Beyond Verbal Ltd. has raised $1 million in its second seed financing round. Sami Sagol's Winnovation led the round.
Beyond Verbal will use the proceeds for R&D in emotions analytics and artificial intelligence.
"Following the flood of positive responses surrounding the launch of Beyond Verbal, we are looking to push the limits of the platform and further our growth in ways previously unforeseen,” said Beyond Verbal CEO Yuval Mor. “By continuing to innovate and unlock the potential of voice enabled emotional interpretation, we feel we can open up a new dimension of emotional understanding that will impact how people communicate with machines, as well as with each other."
Beyond Verbal’s patented technology is based on 18 years of research by physicists and neuropsychologists, who studied more than 60,000 test subjects in 26 languages. The result is a platform that can extract, decode, and measure a full spectrum of human emotions from a person’s raw voice via a set of emotional detection engines that allow devices and applications to understand an individual’s mood, attitude, and decision-making characteristics as they speak.
Sagol, the chairman of Keter Plastic Ltd. founded Winnovation in 2011 to invest in human-machine interface, brain technology, and cyber security. It has invested in ten companies to date. Following the investment in Beyond Verbal, Winnovation CEO Barak Ben-Eliezer will join the company's board.
Published by Globes [online], Israel business news - www.globes-online.com - on July 24, 2013
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