We are excited to announce that we have raised a $2 million Series A round of funding led by Smilegate Investment, with participation from Shinhan Capital and NAU IB Capital. The funding will allow us to invest in our team and improve machine listening capabilities with expanded data set of sounds.
After our seed round from Kakao Ventures, our goal was to build the simplest machine listening model that can empower enterprises and developers to easily add sound recognition to their services. Since then, we have released Cochl Sense Cloud and Edge SDK, which enables machine listening to be integrated into any type of hardware or software, and work both online and offline.
Our focus areas for Cochl Sense going forward will include new partnerships and integrations with enterprise applications for security, smart home, automotive, robots and more. To support such wide range of industries, we will continue to broaden branches of supported sounds based on market need and feedback.
On behalf of the entire team, we’re honored and excited to start the next phase of growth for our business. We look forward to continuing to support companies and developers to build innovative applications in the age of AI.