Kites AI
About Kites AI
Kites AI is a Technology company based in Germany, and was acquired by Zoom in June 2021. Provider of AI and NLP-based speech recognition platform. The company was acqui-hired. Its focus areas include High Tech, Natural Language Processing, Industry Agnostic Applications and Language Translation.
Company details
AI and NLP-based speech recognition platforms are provided by Kites, a Germany-based company in the edtech and language processing sector. Proprietary speech analysis tools are utilized for automatic transcription and real-time translation into various languages. Predictive algorithms are employed to generate translated text before speech ends. Operations focus on supporting international students with multilingual university lecture comprehension, alongside tailored solutions for diverse applications.
Funding Insights of Kites AI
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Kites AI with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2021 | Grant | – | – |
2 investors in total: 2 institutional.
Investors in Kites AI
Kites AI has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Zoom and European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Zoom is recognized for providing AI-first collaboration and communication solutions. | 2011 | zoom.us | San Jose, United States |
Investor details for Kites AI
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Kites AI
2 dated milestones of Kites AI, from founding to its latest funding, stage changes and deals.
- Funding First funding round.
- Exit Acquired by Zoom.
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Frequently Asked Questions about Kites AI
Kites AI is headquartered in Germany.
AI and NLP-based speech recognition platforms are provided by Kites, a Germany-based company in the edtech and language processing sector. Proprietary speech analysis tools are utilized for automatic transcription and real-time translation into various languages. Predictive algorithms are employed to generate translated text before speech ends. Operations focus on supporting international students with multilingual university lecture comprehension, alongside tailored solutions for diverse applications.
Kites AI has 2 investors. Key investors include Zoom, and European Union.
Yes. Kites AI was acquired by Zoom in June 2021.