Thursday, May 3, 2018

SoundHound Snags $100M In Growth Funding

Santa Clara-based SoundHound, which develops voice-enabled artificial intelligence and conversational software, has raised $100M in a new funding round. The company said the strategic growth funding came from Tencent Holdings Limited, Daimler AG, Hyundai Motor Company, Midea Group, and Orange S.A. SoundHound's prior investors also included Samsung, NVIDIA, KT Corporation, HTC, NAVER, LINE, Nomura, Sompo Japan Nipponkoa, and Recruit.