Wednesday, January 9, 2008

STEP Labs produces crystal-clear voice communications even in the noisiest environments received $6.5 million in Series B funding

What Company Is Offering:
STEP Labs is venture-backed, Silicon Valley-based acoustic software company whose technology produces crystal-clear voice communications even in the noisiest environments. Unlike traditional noise cancelation technologies, STEP's patented technology uses an understanding of the physics of sound wave propagation to isolate voice from ambient noise. This approach offers a broad applicability to a wide range of wireless telecommunications and consumer electronic devices. Working with leading global manufacturers, STEP Labs is designing some of the industry's most advanced hands-free products, including Bluetooth headsets, stereo headphones, helmets and eyewear.


How It Works:
STEP Labs develops and licenses advanced voice separation technology and acoustic design services to manufacturers. Bluetooth headsets enabled with STEPware allow clear, consistent voice communications in even the most severe, high-decibel noise environments - such as a rock concert or a tradeshow. STEPware-enabled devices also make human-to-machine communications clear and concise, enabling near-perfect speech recognition in any noise environment.



How Much They Got From VCs:

STEP Labs announced that it received $6.5 million in Series B funding, led by Gabriel Venture Partners and supported by Individuals' Venture Fund, Garage Technology Ventures, Garage Canada, and private investors.

STEP will use the new funds to expand its acoustic expertise to support its manufacturing partners worldwide in the design of new products and the acceleration of their market introduction.

What VCs Says About Company:

"STEP's patented acoustic technology is a giant leap forward in voice recognition," said Scott Chou, partner at Gabriel Venture Partners. "STEP surpasses any technology out there today in noise elimination at very high decibels, maintaining voice fidelity - which means when you talk on a STEP-enabled Bluetooth device, your voice is always clear and natural."


For more : www.step-labs.com

No comments: