Audioburst and Samsung Join Forces to Change the Way Millions Will Consume Audio Content Around the World

Collaboration Expands Reach of Audio Search Engine Platform to Samsung Devices, including Smart TVs;

Adds Funding from Samsung Venture Investment;

Extends Series A to $11.3M

PALO ALTO, Calif.--()--Audioburst (www.audioburst.com), the revolutionary AI-powered audio search platform, and the technology giant, Samsung, have come together to deliver an incredible new listening experience for consumers. The Audioburst solution will now be incorporated into millions of Samsung products around the world, beginning with Smart TVs.

Audioburst’s mission is to organize the world’s audio content and now, together with Samsung, we will expand our global availability to more users around the world,” said Amir Hirsh, co-founder and CEO, Audioburst. “To start with, our platform will add a new, personalized, searchable audio aspect to Samsung Smart TVs, so now consumers will get a personal assistant style experience on their devices.”

Audioburst changes the way people consume audio content by turning every connected device in the house into an engaging voice-activated source for news, sports, entertainment, traffic, weather and many other areas of interest. Audioburst's platform analyzes millions of minutes of live and pre-recorded audio content each day – podcasts, radio streams and other audio sources – tagging and indexing them and making them searchable by keyword, context and topic.

Today, there are more than 33 million voice-first devices in homes and more than 30% of the mobile queries are voice searches,” says Hirsh. “The answer people receive back from their device needs to be just as compelling. When you hear an actual audio clip from a newscast, an interview or a podcast segment specific to what you asked for, the experience is so much more engaging and emotional.”

The new collaboration also sees Samsung Ventures join Audioburst’s Series A round of financing, extending it to $11.3 million. Initially announced in June, 2017, other investors in the round include Advanced Media Inc. (TYO: 3773), the leading speech recognition technology company in Japan as well as Flint Capital, 2B-Angels and Mobileye investors consortium.

About Audioburst

Audioburst is a revolutionary AI-powered audio search platform connecting audio content and users. With the mission of organizing the world's audio content, every day, the Audioburst AI platform listens to, understands, segments and indexes millions of minutes of audio information from top radio stations and podcasts. Powered by advanced Natural Language Processing (NLP) technology and a proprietary AI platform that indexes audio segments into searchable “bursts” in real-time, Audioburst is introducing an entirely new way for consumers and businesses to interact with live or recorded audio content across platforms and devices. The Audioburst experience is already available on several interfaces such as Audioburst Search, a new web and mobile-optimized search engine for finding, discovering, consuming and sharing audio news. Additionally, developers can access the Audioburst API to tap into the robust Audioburst Content Library and introduce a more dynamic and personalized listening experience for users across in-car infotainment systems, digital assistants, IoT gadgets, smartphones and more.

For more information on Audioburst, please visit audioburst.com.

Contacts

Audioburst
Assaf Gad
VP Marketing and Strategic Partnerships
Assaf@Audioburst.com

Contacts

Audioburst
Assaf Gad
VP Marketing and Strategic Partnerships
Assaf@Audioburst.com