|Description||Voice interface to everything|
|Series A, 4/11 |
Capital Access Network investors
|Venture Round, 1/12 ||$665k|
MeMeMe voice-enables any mobile application or phone service, and transcribes any audio content, by delivering the most accurate available speech recognition as an on-demand service.
MeMeMe learns and continually adapts each user’s individual speech profile, which significantly improves recognition accuracy for any user of any application. MeMeMe is implemented on a utility computing infrastructure, with dedicated virtual servers optimized for speech recognition, enabling reliable, real-time performance for any number of users at low cost. We hold the major patent (#6,785,647, 2001) covering personalized speech recognition over any network, giving us an important competitive advantage. Our vision is to leverage MeMeMe’s proprietary advantage in speaker-personalized accuracy, available anywhere, to become “the voice interface to everything”.
Mobile devices and services are the largest, fastest growing technology market. The biggest consumer technology firms in the world, including Google, Microsoft, and Apple, have made speech recognition a strategic initiative for 2012, because they believe accurate voice interfaces provide a significantly better mobile user experience, driving up usage and revenue.
Personalization and centralization are major long-term success factors: necessary to achieve the consistent accuracy and seamless experience required for broad consumer adoption. The direct market for mobile and IVR voice interfaces, transcription services, and unified communications is well over $30 billion annually, growing over 40% per year, and the potential value of an effective “voice interface to everything” utility is far higher, driving hundreds of billions annually in mobile commerce and services.