SoundHound Raises $100 Million in Strategic Growth Funding

Voice-enabled AI and conversational intelligence technology company SoundHound Inc.®, closed $100 million in new funding. Participants in the round include Tencent Holdings Limited, Daimler AG, Hyundai Motor Company, Midea Group, and Orange S.A.

The company plans to use the funding to drive adoption and distribution of its Houndify™ voice AI platform across verticals including automotive, Internet of Things, consumer products, and enterprise apps and services. The funding will also be used for global expansion, including new offices in China, France and Germany, in addition to furthering momentum in the U.S., Japan, and South Korea.