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DateInvestorsAmountRound

$100m

Series C
N/A

$5.5m

Late VC
*

$102m

Valuation: $102m

Acquisition
Total FundingAUD163m

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Nuance Communications, a leader in conversational AI innovation, develops software and cloud-based solutions that understand, analyze, and respond to human language. These solutions are designed to increase productivity and amplify human intelligence. The company serves a diverse range of clients across industries such as healthcare, financial services, telecommunications, government, and automotive. Nuance's business model revolves around providing AI-driven solutions for customer engagement, healthcare services, and document management, including speech recognition and OCR (Optical Character Recognition) technologies. The company generates revenue through software licensing, cloud services, and support programs. Nuance's key products include Dragon speech recognition, Power PDF, and Omnipage. By leveraging AI, Nuance aims to transform how businesses and individuals interact with technology, making everyday tasks more efficient and intelligent.

Keywords: Conversational AI, productivity, human intelligence, healthcare solutions, speech recognition, OCR, cloud services, customer engagement, document management, software licensing.