This morning Redpoint, a $3.96B VC firm based in Menlo Park announced their investment in Chrous.ai, a startup innovating in the speech recognition space. As the AI space has been heating up, AI startups have been turning to the .AI domain extension and Chorus is another great example of a startup that has raised over $22M to-date and done it without the .COM.
Chorus’ innovation suddenly unlocks all the insight stored in human conversation, an enormous data set that’s almost entirely unleveraged today. The insights from speech analysis will fundamentally shift in the way we will sell, and companies like Marketo and Qualtrics are already benefitting from it. (Source – http://tomtunguz.com/)
It’s exciting to be in San Francisco for SaaStr Annual along with the Chorus team and Redpoint, let’s just say the energy level is about as high as it could be today. Congrats to Ray and Micha (the Chorus founders) I know it’s been an incredible road to get here and something tells me this is still just the beginning!