Yobe Raises $1.8M in Seed Funding to Deploy Intelligent Voice Biometrics Technology
BOSTON (PRWEB) May 08, 2018 -- Yobe Inc, an industry pioneer in artificial intelligence-powered signal processing solutions, today announced that it has secured $1.8M in seed funding from Clique Capital Partners, a $100M fund for investing in transformative voice technologies. The capital will be used to accelerate the commercialization of Yobe’s intelligent voice biometrics technology as they prepare for product launch this summer. The round follows a $990K round of angel funding and the 2016 receipt of a National Science Foundation SBIR grant to fund innovative research to solve the “Cocktail Party Problem.”
Yobe uses artificial intelligence to identify a signal’s DNA - biometrics in the case of voice - to accurately identify, track, isolate and separate voices of interest from other voices in extremely noisy environments, redefining the effectiveness of traditional voice authentication and speech recognition solutions. The technology allows device manufacturers to augment their products with vastly improved far-field speaker and speech recognition, superior voice UI and voice search, speech analytics and speech-to-text transcription, chatbots and conversational interactions.
“It’s become clear that voice is the future interface across a wide range of industries, technologies and applications,” said James Kenefick, General Partner at Clique Capital Partners. “We selected Yobe as one of our first investments because we believe that it will serve as the core underlying technology for the applications and hardware that shape the future, from smart homes and cars to security and surveillance.”
Yobe provides a number of major improvements over existing voice technologies including the ability to:
● Separate and enhance voices in the far field, even in the presence of near field voices and noise
● Improve the auditory scene by 20 decibels, exponentially improving the signal to noise ratio. Voices as low as a whisper can be effectively separated from background noise and enhanced for analysis
● Track and support multi-user commands and profiles simultaneously, based on each speaker’s unique biometric signature
● Embed software on smartphones and other low-power platforms for on device computations without the need for external power
● Proprietary enhancement technology that increases sound quality while decreasing packet sizes from between 30% to 50% of its original size, addressing storage and download constraints
Boston-based Yobe was founded by President and CEO Ken Sutton, a serial entrepreneur with over 20 years of finance and business management experience, and Chief Scientist Dr. S. Hamid Nawab, an MIT PhD and internationally renowned researcher focused on applying AI to signal processing.
“This round of funding is coming at a pivotal time in the evolution of voice and speech technologies. The timing for us to come to market could not be better, as our technology is positioned to be transformative for voice interface platforms that need security and accuracy to operate in the real world,” said Sutton. “We’ve solved one of the most persistent problems in signal processing and were an obvious fit for an investor in innovative voice technologies like Clique.
“Through persistent research and development, we believe we’ve arrived at a point where what was once a science fiction technology is now a practical reality,” said Nawab. “The ability to consistently and reliably separate important signals from noise is not just a groundbreaking development in and of itself, but will lead to the creation of voice user interfaces that power the technology of the future.”
To hear an example of Yobe’s biometric voice tracking and far field solutions, click here. To get in touch with the company to learn more about their innovative technology, click here.
###
About Yobe Inc.
Yobe is a Boston based company that takes a fundamentally different approach to the science of signal processing. By combining advanced Artificial Intelligence, unconventional signal processing and broadcast studio sound enhancement, the company enables more efficient selection specifically when identifying signals of interest in multi-signal environments like that of voice and noise. Under the leadership of Co-Founders Ken Sutton and Dr. Hamid Nawab, Yobe has developed a portfolio of real time Artificial intelligence powered signal processing solutions. More information can be found on the company’s website at http://yobe-inc.com/.
About Clique Capital Partners
Clique Capital Partners is an early stage technology venture capital firm investing in voice and AI related technologies. The Clique Capital team is comprised of successful entrepreneurs, investors and operators who use their real world experience to partner with extraordinary entrepreneurs in helping them to build extraordinary companies. Founded in 2017, Clique Capital is headquartered in Reston, Virginia with offices in New York and San Francisco.
Lauren Johnson, Yobe Inc., http://yobe-inc.com/, +1 6179455106, [email protected]
Share this article