PRWeb The Leader Press Release Distribution
See How PRWeb Works

We're here to help 1-866-640-6397

Login Create Free Account


All Press Releases for January 8, 2008 Subscribe to this News Feed    
 

STEP Labs Secures $6.5 Million in Series B Funding

Gabriel Venture Partners leads investment in developer of voice separation technologies used in consumer electronics; STEP Labs will use the capital to expand application portfolio.

Las Vegas, Nevada (PRWEB) January 8, 2008 -- STEP Labs, a leading provider of advanced voice separation technology and acoustic design services, today announced that it received $6.5 million in Series B funding, led by Gabriel Venture Partners and supported by Individuals' Venture Fund, Garage Technology Ventures, Garage Canada, and private investors.

STEP Labs, today officially launches its flagship voice separation platform, STEPware(tm), to bring next-generation communication applications to market. STEP will use the new funds to expand its acoustic expertise to support its manufacturing partners worldwide in the design of new products and the acceleration of their market introduction.

"STEP's patented acoustic technology is a giant leap forward in voice recognition," said Scott Chou, partner at Gabriel Venture Partners. "STEP surpasses any technology out there today in noise elimination at very high decibels, maintaining voice fidelity - which means when you talk on a STEP-enabled Bluetooth device, your voice is always clear and natural."

STEP Labs develops and licenses advanced voice separation technology and acoustic design services to manufacturers. Bluetooth headsets enabled with STEPware allow clear, consistent voice communications in even the most severe, high-decibel noise environments - such as a rock concert or a tradeshow. STEPware-enabled devices also make human-to-machine communications clear and concise, enabling near-perfect speech recognition in any noise environment.

"This second round of funding is a vote of confidence for STEP Labs' patented voice separation platform," said Robert F. Mitro, CEO of STEP Labs. "After years of development, STEP Labs is taking STEPware to the wider market via our customers and manufacturing partners, and we already have three exciting consumer products being introduced to the market this month."

Working with leading global manufacturers, STEP Labs is designing some of the industry's most advanced hands-free products, including Bluetooth headsets, stereo headphones, helmets and eyewear.

About STEP Labs
STEP Labs is venture-backed, Silicon Valley-based acoustic software company whose technology produces crystal-clear voice communications even in the noisiest environments. Unlike traditional noise cancelation technologies, STEP's patented technology uses an understanding of the physics of sound wave propagation to isolate voice from ambient noise. This approach offers a broad applicability to a wide range of wireless telecommunications and consumer electronic devices. For more visit, www.step-labs.com.

###

Post Comment:
Trackback URL: http://www.prweb.com/pingpr.php/SGFsZi1TcXVhLUxvdmUtU3F1YS1Mb3ZlLVplcm8=

Technorati Tags

Bookmark -  Del.icio.us | Furl It | Technorati | Ask | MyWeb | Propeller | Live Bookmarks | Newsvine | TailRank | Reddit | Slashdot | Digg | Stumbleupon | Google Bookmarks | Sphere | Blink It | Spurl


OPTIONS
Printer Friendly Version
Download PDF Version
Download Reader Version
BlogThis
ShareThis
CONTACT INFORMATION
Erin McMahon Lyman
STEP Labs
415.307.9962
Email us Here
ATTACHED FILES

There are no multimedia files attached to this release. If this is your release, you may add images or other multimedia files through your PRWeb News Management Console.

ABOUT PRESS RELEASES
If you have any questions regarding information in these press releases please contact the company listed in the press release. Please do not contact PRWeb. We will be unable to assist you with your inquiry. PRWeb disclaims any content contained in these release. Our complete disclaimer appears here.
 
Close Move