Audio is buzzing throughout the venture capital world right now. Andreesen Horowitz recently led a $100 million funding round for Clubhouse, an audio-based social networking platform. There are now over 100 monthly podcast subscribers for the first time. The investor interest in audio has coincided with breakthroughs in NLP technology: Automated speech recognition technology can now reach 95% accuracy.
Sensory, a speech technology company, is attempting to lower the barrier to entry for innovation in voice-based products, releasing VoiceHub, a tool for developers to integrate speech tools into their products.