Descript

Descript, Inc. is a software company that specializes in audio and video editing and transcription solutions. Founded in 2017 and based in San Francisco, California, Descript provides a collaborative platform that allows users to edit audio by manipulating text transcriptions, streamlining the content creation process. The software integrates speech recognition technology for efficient transcription of audio and video files, offering both automated and manual options. In addition to transcription, Descript features screen recording, remote recording, and tools for podcasting, overdubbing, and adding subtitles. These capabilities aim to simplify the editing workflow for creators, making it easier for them to produce content for platforms such as YouTube, TikTok, and various podcast channels, as well as for business training and marketing purposes.

Past deals in Speech Recognition

Lyrebird

Acquisition in 2019
Lyrebird specializes in advanced speech synthesis technologies designed for developers. Originating from research at the MILA lab at the University of Montréal, the company provides tools that allow users to create digital replicas of their voices. This innovative technology enables users to generate spoken content from text, making it particularly useful for content creators and podcasters who seek efficient ways to produce audio material. By offering the ability to record a user's voice and synthesize any desired sentence, Lyrebird enhances the accessibility and versatility of voice generation in various applications.
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