Deepgram Raises $47M in Funding
- Deepgram, a San Francisco, CA-based provider of a speech AI platform, raised $47M in funding
- The round was led by Madrona, with participation from Alkeon and prior investors
- The company, which has raised a total of $72m, intends to use the funds to accelerate growth and expand operations
- The company provides a speech AI platform, which is enabled by end-to-end deep learning models
- The company leans into its audio-first foundation to incorporate nuances of intonation and inflection into its sentiment analysis, speaker labeling, summarization and more
- The company recently expanded its feature set to include topic detection, language detection, and translation to deliver conversational context for enterprise analytics and expand internationally
