Facebook Acquires Wit.ai for Undisclosed Sum
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8ea7b434-68c3-4787-a088-f4a83e1c9c85 - Date
1/5/2015 - Company Name
Wit.ai - Mailing Address
925 Alma St. Palo Alto, CA 94301 USA - Company Description
Voice is how we’ll control devices too small for a keyboard, like watches, earbuds, and much of the “Internet Of Things.” But it’s a ton of work for a developer to build their own voice system, with natural language processing, speech recognition, and other engineering requirements. - Website
http://www.wit.ai - Transaction Type
M&A - Transaction Amount
Undisclosed - Transaction Round
- Proceeds Purposes
- M&A Terms
Financial terms of the transaction were not disclosed.
