SUNNYVALE, CA (PRWEB) November 26, 2013
FLUENTIAL, a company that delivers advanced voice interaction technologies, today announced the completion of a $2 million equity investment, bringing it’s total funding (to date) to $8 million. Fluential builds context-savvy interactive voice recognition technology, and is using the capital to expand development of speech optimization and deep language understanding tools for mobile devices, wearables and consumer ”personal assistant” applications.
Fluential will release the first consumer application of its intelligent voice technology for the digital health, wellness and weight management space in Spring 2014.
Philanthropist, entrepreneur and medical researcher Dr. Patrick Soon-Shiong, Chairman and CEO of NantWorks, led the funding. Shiong’s $8 million infusion underscores Fluential’s impact on the use of voice-based user interfaces via the company’s proprietary and patented set of technologies, which include: speech recognition, artificial intelligence, natural language processing and probabilistic inference.
“’Natural Language Understanding’ has developed in sophistication and accuracy over the years – but similar technologies still require so much training that voice hasn’t effectively penetrated the consumer mobile device market,” said Farzad Ehsani, Founder and CEO of Fluential. “With this investment, Fluential has been allowed to dramatically improve the voice assistance experience – particularly in the Quantified Self space – with technology that automatically understands context, content and even nuanced speech patterns and dialects so well that voice becomes an instantly rewarding and useful function for consumers.”
Fluential, which received initial funding in 2011, holds six patents, with nine pending, in intelligent voice technologies spanning conversational dialog, targeted speech recognition, personalization, multi-topic conversation and in
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