Fireflies generates automated meeting notes from phone conversations. Founded by Krish Ramineni and Sam Udotong in 2016, Fireflies.ai is backed by investors that include Acceleprise, April Underwood, Canaan Partners, Right Side Capital Management, and Susan Kimberlin and is headquartered in San Francisco.
Fireflies, founded by Nigerian-born Udotong, raises $14 million
Fireflies helps take notes and also forms short bullet points from conversations with the aid of transcription tools.
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Fireflies.ai, an AI that joins conference calls and takes short bullet point notes like a human, announced it has raised $14 million in series A funding, the company and its co-founder, Sam Udotong, announced Tuesday.
Fireflies takes notes and also forms short bullet points from conversations with the aid of transcription tools.
The company which began in 2016, is designed to work as a voice assistant transcription tool, and is used in connection with video conferencing apps like Zoom and Google Meet.
[Funding alert] Hyderabad AI startup Fireflies raises Rs 100Cr in Series A led by Khosla Ventures yourstory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yourstory.com Daily Mail and Mail on Sunday newspapers.
Fireflies.ai raises $14M for its meeting transcription and automation service
The Fireflies.ai project is a good reminder that not every startup project goes from idea to unicorn-status in 48 minutes. Instead, the startup’s CEO Krish Ramineni told TechCrunch about how a period of interest in natural language processing (NLP), tinkering with a friend, a stint at Microsoft, and even working on Slack bots led him to helping found Fireflies.ai (Fireflies), a company that today announced a $14 million raise led by Khosla.
Fireflies is a two-part service. Its first point of business is recording and transcribing voice conversations. Things like video meetings, for example. Next, Fireflies wants to plug your voice data into other applications, helping its customers automate data entry, task creation and more.
Fireflies raises ₹100 crore
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Voice intelligence and AI assistant provider Fireflies.ai has raised ₹100 crore ($14 million) in Series A funding, led by Khosla Ventures, with participation from seed investors, Canaan Partners.
The San Francisco and Hyderabad-based start-up that has presence in major cities in India like Bengaluru, Chennai and Delhi plans to use the new capital to grow the 50-member team that currently is distributed across five countries and 12 cities. While actively hiring across engineering, customer, and marketing teams, it is also making major engineering investments in technologies like GPT-3 and scaling core engineering efforts to support customer demand, a Fireflies statement said.