Descript
Founded in 2017, Descript develops collaborative audio and video editing software. Its platform transcribes audio into text for editing, offers manual and automated transcription solutions, and provides features like screen recording, remote recording, podcasting, overdubbing, and subtitles.
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Past deals in Speech Recognition
Lyrebird
Acquisition in 2019
Lyrebird is a company that specializes in advanced speech synthesis technologies, developed through extensive research at the MILA lab at the University of Montréal. Its innovative technology allows for the creation of a digital replica of a user's voice, enabling the accurate generation of any desired sentence. This capability is particularly beneficial for content creators and podcasters, as it simplifies the process of converting text to voice, enhancing the accessibility and personalization of audio content.
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