DSP Secures Funding for Audio and Voice Control Innovation
DSP Concepts, whose Audio Weaver development platform powers millions of devices for consumer and automotive manufacturers, has secured a $3 million investment from the SUBARU-SBI Innovation Fund, bringing its total funding to $28.4 million. The funding will help DSP develop audio and voice control products.
"We designed our Audio Weaver platform so that engineers of all levels can easily design, develop, and deploy new audio features across a range of devices, including automotive, which is hands-down the most complex audio system in a person's everyday life," said Chin Beckmann CEO of DSP Concepts, in a statement. "Subaru understands that audio has increasingly become a critical component of every technology product sold today, from automotive to smart home and IoT, and we're proud to partner with a like-minded innovator that thinks beyond the confines of their own industry."
"We are proud to be joining the ranks of other elite investors partnering with the leader in automotive audio and voice technology development," said Asahi Kobayashi of the SUBARU-SBI Innovation Fund, in a statement. "We're acutely aware of the complex, time-consuming, and costly process that goes into developing and deploying automotive audio features. We were impressed with DSP Concepts' experience in that space and are equally impressed with its voice solutions for the consumer space. As the pandemic continues to accelerate demand for voice-enabled devices and brands move away from touch technology, we believe DSP Concepts' voice technology positions them well for rapid growth and long-term success."
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