Facebook Acquires Wit.ai for Undisclosed Sum
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Feed Type
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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
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Proceeds Purposes
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M&A Terms
Financial terms of the transaction were not disclosed.
