Emotion Detection Company Beyond Verbal Raises $2.8 Million In Funding, Led By Kenges Rakishev
Based in Tel Aviv, Israel, Beyond Verbal has raised $2.8 million in funding. Beyond Verbal is a developer and owner of patented technology that can extract a full set of emotions from an individual based on their raw voice in real-time. Beyond Verbal has raised $2.8 million in funding led by angel investor Kenges Rakishev. Genesis Angels also participated in this round. Rakishev is joining Beyond Verbal’s board of directors following the investment. Rakishev is the chairman of the board for Kazakhstan Petrochemical Industries, the lead operator company building the first integrated gas chemical complex in Kazakhstan.
The technology that Beyond Verbal uses was founded based on 18 years of research by physicists and neuropsychologists. Over 60,000 test subjects were studied in 26 languages. Beyond Verbal’s software has emotional detection engines that allow devices and applications to understand the mood, attitude, and decision-making characteristics as they speak.
“Nearly two decades of research tells us that it’s not what someone says, but how they say it, that tells the full story,” said Beyond Verbal CEO Yuval Mor. “Beyond Verbal has the potential to impact numerous multi-billion dollar verticals and leverage a new market of emotionally-enhanced applications installed in any voice-enabled, voice-activated, or voice-controlled device. This opens up a new dimension of emotional understanding, called Emotions Analytics, giving humans and machines the ability to react in ways that were never before possible.”
Beyond Verbal licenses their technology and has four U.S. patents based for partnerships in the consumer application, devices, software, and application fields. The first mobile application that is going to use Beyond Verbal’s API is going to launch in the next few weeks. Beyond Verbal is also designing a web tool where people can analyze voices.This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry