Tech Company Financing Transactions
AssemblyAI Funding Round
Insight Venture Partners, Accel Partners and Y Combinator participated in a $30 million funding round for AssemblyAI. The financing round was announced on 7/14/2022.
Transaction Overview
Company Name
Announced On
7/14/2022
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to build out its AI infrastructure to accelerate AI research, and grow its AI research team, which today include researchers from DeepMind, Google Brain, Meta AI, BMW, and Cisco.
Company Information
Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
320 Judah St. 5
San Francisco, CA 94122
USA
San Francisco, CA 94122
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
We're a Deep Learning company, focused on researching and applying advanced neural networks and machine learning technology. We have our roots in San Francisco, California, and are a remote team including top AI researchers with 20+ years of experience in Machine Learning, Speech Recognition, and NLP from places like Amazon, Cisco, Apple, BMW, and MyCroft.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Dylan Fox
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