Wednesday, November 6, 2024

Paris-based Gladia raises €14.7 million to launch multilingual real-time audio transcription and analytics engine

Gladia, an AI transcription and audio intelligence supplier, has accomplished a €14.7 million Sequence A funding spherical. The corporate will use the funding to develop an end-to-end audio infrastructure – beginning with a brand new real-time audio transcription and analytics engine – enabling voice-first platforms to ship extra worth to their customers throughout borders with cutting-edge AI.

The Sequence A funding spherical was led by XAnge, with participation by Illuminate Monetary, XTX Ventures, Athletico Ventures, Gaingels, Mana Ventures, Motier Ventures, Roosh Ventures, and Soma Capital. Based in 2022, Gladia has now raised a complete of USD $20.3 million, with earlier seed investments headed by New Wave, Sequoia Capital (as a part of the First Sequoia Arc program), Cocoa, and GFC. 

“Gladia represents the qualities we prefer to champion at XAnge: a daring, world tech staff on the forefront of AI innovation, with a confirmed enterprise mannequin to unlock new alternatives throughout industries,” mentioned Alexis du Peloux, Associate, XAnge. “In a fast-paced AI setting, Jean-Louis Quéguiner and his staff have executed extraordinarily properly, and we’re proud to again Gladia for the Sequence A.”

“I based Gladia for a really private cause – I used to be pissed off that present audio transcription providers weren’t capable of perceive my French accent,” defined Jean-Louis Quéguiner, CEO and Co-Founder, Gladia. “Our worldwide staff and prospects usually swap between languages throughout conferences, however discovering a transcription answer that may deal with completely different languages and accents concurrently was unimaginable.”

Given that almost all speech recognition fashions as we speak are skilled predominantly on English audio knowledge and are subsequently inherently biased, Gladia prioritized constructing the primary real-time product that’s actually multilingual. The brand new fine-tuned engine delivers superior real-time transcription in over 100 languages, together with enhanced help for accents and the distinctive skill to adapt to completely different languages on the fly.

Gladia’s new engine is exclusive in its skill to extract insights from a name—just like the caller’s sentiment, key info, and dialog abstract—in real-time. This implies it takes lower than a second to generate each transcript and insights from a name or assembly utilizing Gladia.

Constructing an correct, low-latency, and multilingual engine in-house is a fancy and resource-intensive activity. It requires intensive experience in language understanding, real-time knowledge dealing with, with steady optimization and upkeep. Actual-time fashions require extra computing energy and should wrestle to supply correct output instantly as a consequence of restricted context.

Gladia’s new product permits firms to bypass these challenges. The actual-time speech-to-text engine boasts an industry-leading latency of beneath 300 milliseconds with out compromising accuracy, whatever the language, geography, or tech stack used. 

“Corporations are spending helpful time and sources attempting to include a number of AI capabilities into their present platforms,” added Jonathan Soto, Co-Founder and Chief Expertise Officer, Gladia. “Our single API is suitable with all present tech stacks and protocols, together with SIP, VoIP, FreeSwitch, and Asterisk. This permits us to simply combine real-time transcription and evaluation into our prospects’ AI platforms, to allow them to give attention to delivering the most effective providers to their finish customers.”

Gladia will use the brand new capital to advance its R&D efforts and shortly deliver to market a one-stop AI toolkit for audio and increase its product providing with further à la carte fashions—together with giant language fashions (LLMs) and retrieval-augmented era (RAG). With a number of design companions within the contact-center-as-a-service (CCaaS) phase, the corporate is at present piloting an agent-assist answer powered by Gladia’s real-time AI engine. Moreover, Gladia will proceed to increase its expertise base because it prepares for worldwide enlargement.


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