Yap has been closed and acquired
Total Equity Funding
$8M in 2 Rounds from 5 Investors
Charlotte, North Carolina
Yap pioneered a high accuracy, automated speech recognition platform for long duration dialogues.
Audio, Speech Recognition, Messaging, Telecommunications, Mobile

Company Details


Yap pioneered the world's first high accuracy, automated speech recognition platform for "long duration" dialogues. Long duration dialogues are conversations and audio content ranging from 5 seconds to several hours. Yap specializes in accurately transcribing these dialogues for a variety of different scenarios including voicemail-to-text, conference call transcriptions, analysis of customer phone calls and voice-activated mobile messaging.

The company was a TechCrunch finalist in 2007. Their management team previously worked on Apple's iPod, Honda's navigational systems, IBM's ViaVoice, Microsoft's Tellme speech division and Nuance's Dragon products.

Yap white labels its SaaS platform -- i.e., Yap Speech Cloud(TM) -- to enable diverse use cases, including messaging, call analytics and voicemail-to-text. For example, Microsoft uses Yap for voice-based mobile messaging applications. Their end users can say anything they want to and have Yap's platform transcribe it into text (far more convenient than typing on the fumbling with a devices keypad while driving). MetroPCS also is a Yap customer. Cincinnati Bell, a regional carrier, uses Yap-based technology to convert subscriber voicemails into text. The carrier was a competitive win away from SpinVox (now Nuance). Part of the allure for Yap's service is that it's completely automated. That means there is no need for humans listening to messages, typing them out, and then sending them back out, giving Yap a real advantage in ensuring privacy. Because Yap is completely machine powered, the company is able to offer lower costs, higher speeds and greater consistency.

Funding Rounds (3) - $10M

DateAmount / RoundValuationLead InvestorInvestors
Oct, 2010$2M / Debt Financing1
Jun, 2008$6.5M / Series A4
Jan, 2007$1.5M / Angel2

Products (2)

  • Yap Messenger was the first app based on Yap's Speech Cloud platform & was announced at the 2007 TechCrunch40 event.
  • Yap Voicemail was a voicemail-to-text app for devices based on Apple's iOS & Google's Android platforms.

Competitors (6)

  • Ditech Networks provides advanced voice processing tech solutions for wireline, mobile and VoIP carrier networks.
  • Google is a multinational corporation that is specialized in internet-related services and products.
  • Nuance Communications is a multinational computer software technology company that provides speech and imaging applications.
  • Siri Inc helped develop Siri, a virtual personal assistant incorporated as a feature of Apple iPhones beginning with the 4S generation.
  • SpinVox offers a voice message conversion system that converts voice messages on mobile networks to text.
  • Vlingo is a virtual assistant that uses voice-to-text technology and NLP to understand the user’s intent and take appropriate action.

Customers (8)

  • MetroPCS Communications, a wireless telecommunications carrier, offers broadband mobile services in the United States.
  • Jawbone is an audio technology company developing and selling wearable technology and portable audio devices.
  • Yext puts business on the map with the award-winning Location Cloud.
  • Sprint Nextel offers a comprehensive range of wireless and wireline communications services to consumers, businesses, and government users.
  • GotVoice develops digital voice applications for consumers and businesses to unify their voice communications via email and mobile phones.
  • YouMail, Inc. is the leading provider of intelligent, cloud-based telecommunication services aimed to help people communicate better.
  • Tellme is a platform providing voice recognition and instruction technology, enabling users to access information via mobile phones.
  • Cincinnati Bell Inc is a full-service provider of data and voice communications services over wireline and wireless networks,

Offices/Locations (1)

  • Headquarters

    Charlotte, North Carolina

    United States

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