Wednesday, December 15, 2010

Spoken Communications Scores $4.0M

Bellevue-based Spoken Communications, a developer of speech recognition technology for the call center market, said today that it has raised $4.0M in a strategic investment from Ignition Growth Capital. Spoken said the funds will go towards expanding its large-scale, virtual call center implementations. Spoken is headed by Howard Lee. Ignition Capital is the private equity and investment arm of Ignition, focused on mid to late stage companies. Spoken's products are used in developing interactive voice response (IVR) systems. More information »