Speechmatics, a speech recognition technology scaleup, has raised $62 million in a Series B funding round led by Susquehanna Growth Equity with participation from existing investors AlbionVC and IQ Capital.
The funding will be used to support Speechmatics’ vision to be a world-leading speech platform, understanding every voice with human-level accuracy.
Speechmatics is headquartered in Cambridge, UK with offices in London, Boston, USA, Chennai, India and Brno, in the Czech Republic. The investment will be used to support global expansion across the United States and Asia-Pacific, improving infrastructure – particularly data centre capacity and adding further firepower to its research and development to deliver even more accurate understanding of even more voices.
