Speech Recognition Startup Voiceitt Receives $500,000 Initial Investment From Connecticut
Voiceitt develops technology that helps people with irregular speech patterns communicate with others
Connecticut Innovations Inc. (CI), the State of Connecticut's investment arm, has completed an initial $500,000 investment in Israel-based non-standard speech recognition startup Voiceitt, the parties announced Monday. The investment is part of CI’s VentureClash, an investment prize Voiceitt has won in 2018, which has a maximum investment potential of $1.5 million. Founded in 2012 and based in Ramat Gan, a town in the Tel Aviv area, Voiceitt, registered as Technologies of Voice Interface Ltd., develops technology that helps people with irregular speech patterns, caused by illness or other medical conditions, including ALS, autism and Parkinson's disease, communicate with others.
Hartford, Connecticut. Photo: Shutterstock