Gladia, a French startup specializing in speech recognition technology, has secured $16 million in a Series A funding round for its speech-to-text API. This API allows users to accurately transcribe audio files quickly and efficiently.
While industry giants like Amazon, Microsoft, and Google provide speech-to-text APIs, newer models from startups like Gladia offer superior performance.
Competing in a space dominated by well-funded companies, Gladia differentiates itself by offering advanced features like diarization to detect multiple speakers and support for 100 languages and various accents.
Gladia’s hosted API is utilized by over 600 companies, including meeting recorders and note-taking assistants, showcasing its versatility and accuracy.
With the latest funding, Gladia aims to streamline audio intelligence and language model tasks into a single API call, simplifying the transcription process for users.
Addressing the latency issue, Gladia can now transcribe live conversations with a latency of under 300 milliseconds, ensuring quality real-time processing for applications like AI calling agents.
XAnge led the Series A funding round, with various other investors participating in Gladia’s vision to revolutionize audio applications in a post-ChatGPT world.
As the industry evolves and consumers recognize the value of automated transcription, API providers like Gladia will play a crucial role in integrating advanced audio technologies into everyday applications.
