Veritone Adds to Speech Recognition Capability, Expands Ecosystem with Growing Suite of New Cognitive Engine Providers

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Veritone partners with VoiceBase and adds new speech recognition capabilities to Veritone’s growing list of cognitive engines.

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Veritone, Inc., a leading cloud-based Artificial Intelligence (“AI”) technology company pioneering the first Cognitive Media Platform™ (CMP), announced today that it has partnered with VoiceBase, Inc., a highly scalable speech recognition and speech analytics API platform. This collaboration is expected to add new speech recognition capabilities to Veritone’s growing list of cognitive engines.

Speech recognition allows users of Veritone’s CMP to accurately, quickly and affordably identify words and phrases in customer interactions to build custom predictive solutions found in historical and transactional data. Identifying these patterns enables users of VoiceBase’s cognitive engine to identify and optimize opportunities and risks.

“VoiceBase’s contribution to Veritone’s CMP is central to our machine learning capabilities, allowing us to analyze recorded audio with unprecedented granularity,” said Chad Steelberg, Chairman and CEO of Veritone. “Their highly accurate transcription quickly recognizes specific words being spoken in a recording that can transform audio into actionable intelligence. Finding relationships and trends between words provides insight that was previously extremely difficult to extract, giving our customers an edge over their competitors,” added Steelberg.

Veritone is leading a new wave of AI that is changing multiple industries and its CMP allows businesses of all kinds to search across audio and video as others have done for search through text. This game-changing technology allows Veritone to expand its international footprint as a leading AI analytics, search and predictive solution for media firms, corporate enterprise, political campaigns and government. Veritone’s innovative AI platform renders every second and frame of audio and video content searchable for voice identification, objects, faces, license plates, logos, phrases, sentiment and translation, plus additional capabilities that continue to evolve.

About Veritone, Inc.

Headquartered in Newport Beach, California, Veritone, Inc. is a leading cloud-based Artificial Intelligence media technology company pioneering the world’s first Cognitive Media Platform™ (CMP), an ecosystem that enables media, enterprise, politics, corporate security and government to extract value from the intelligence embedded in the world’s public and private media audio and video content, which comprises the majority of all global data produced each year. Founded in 2014, Veritone has already won several of the industry’s most prestigious awards including the 2016 Red Herring Top 100 North America Award and the 2016 SIIA Business Technology CODiE Award for Best Native Advertising Platform or Service. Veritone was founded by serial entrepreneurs and brothers, Chad and Ryan Steelberg. The duo have a successful track record in identifying new market opportunities, creating disruptive technology-based companies and leading them to successful exits for their stakeholders. To learn more about how Veritone seeds the cloud, visit http://www.veritone.com.

About VoiceBase

VoiceBase provides easy-to-use APIs that automatically transcribe audio and video, extract relevant keywords and topics and enable the instant search and discovery of spoken information. Every month VoiceBase processes millions of recordings that allow users to access and analyze rich data from call centers, conference calls, webinars, educational lectures, podcasts and videos. VoiceBase is privately held, and has raised over $20 million dollars. They are based in San Francisco, California. Visit http://www.voicebase.com to request a demo and learn more.

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Wendy Watson
The Clearstream Agency LLC
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