Facebook gobbles up speech recognition startup Wit.ai
The 18 month old Palo Alto start-up Wit.ai has been acquired by Facebook. The speech recognition company helps developers build apps that their users can talk to. Less than three months ago the company announced that it had raised $3 million in a round of funding led by Andreessen Horowitz.
But now the company will be part of Facebook.
“It is an incredible acceleration in the execution of our vision. Facebook has the resources and talent to help us take the next step,” the company wrote on its blog. “Facebook’s mission is to connect everyone and build amazing experiences for the over 1.3 billion people on the platform – technology that understands natural language is a big part of that, and we think we can help.”
The company was founded in September of 2013 by Alex Lebrun and Willy Blandin. They then entered the Y Combinator.
“We want Wit.ai to be the platform that developers use to build messenger-based and audio-first apps that are arriving in the next generation of wearables and smart devices,” said Lebrun when announcing its funding in October.
At that time Lebrun said that the start-up is “a small team working hard to bring voice interfaces to the world. We aren’t getting an uber-fancy office or having Coldplay play at our launch party.”
Not any more, apparently.