Nexidia promise - transforming audio-video data into business intelligence
Nexidia, a provider of audio search and speech analytics solutions for government intelligence, contact center management, rich media content producers and the legal industry, has raised up to $13 million in venture financing from Morgan Stanley in August.
Few weeks ago, Nexidia also announced eDiscovery OnDemand, a managed service that enables law firms and litigation support providers to use Nexidia’s secure infrastructure to upload recorded audio for search and analysis. Nexidia litigation consultants will help tailor the project to identify relevant audio content, and search results can be integrated back into an existing litigation repository or review tool. Nexidia phonetic engine technology also allows the user to search on proper names, places, industry terms and jargon without extensive training and cumbersome dictionaries.
In the past year Nexidia analyzed and reported on over 12 million recordings.