Speechmatics

Speechmatics, formerly known as Cantab Research Ltd, is a technology company that develops automatic speech recognition software (ASR) based on recurrent neural networks and statistical language modelling.

Speechmatics has built one of the most accurate speech recognition technology engines in the world.

Speechmatics was founded in 2006 by Tony Robinson and is based in Cambridge, Cambridgeshire, UK.

Speechmatics has used its decades of machine learning and research expertise to develop Automatic Speech Recognition (ASR), available in private or public clouds and securely on-premises.

Speechmatics' technology is currently available in 29 languages, either in the cloud or, crucially, on-premises ­– a critical feature for businesses who do not wish or are unable to share data in the cloud.

Speechmatics’ ASR has the flexibility to be deployed anywhere. It can be used on-premises –ensuring data remains within your private environment– with your choice of cloud provider, or using Speechmatics’ software as a service (SaaS) offering.

Speechmatics has developed a new computational method for creating new language models at speed, in 2017. Around the same time Speechmatics announced a partnership with Qatar Computing Research Institute (QCRI) to develop advanced Arabic speech to text services.

 

Speechmatics is backed by AlbionVC, IQ Capital, Amadeus Capital Partners along with other angel investors. The company has raised €7.5M (GBP6.5M) from a "Series A" round on Oct 21, 2019. 

 

Speechmatics has received many awards and recognitions, such as: Queen’s Award for Enterprise (2019), Innovation; Listed number 435 on The FT 1000: Europe’s Fastest Growing Companies (2019); Scale-Up Team of the Year ‘Ones to Watch’ on UK Business Angels Association Awards (2018) ; Top 130 Most Influential Business by Cambridge News (2018) and many more.

 

 

  • Year founded: 2006
  • Funding Info: €7.5M (GBP6.5M) over 1 Round (Funding Type: Series A)
  • Yearly Revenue: $5M-$10M (2019)
  • Employee Size: 51-200
  • Business Valuation: NA
  • City/Town: Cambridge
  • State: Cambridgeshire
  • Country: United Kingdom
Related businesses