Funding in Series A of $32M was raised by Sanas, a Palo Alto-based Accent Translation Technology Company.
The round was led by Insight Partners with participation from GV, Assurant Ventures, Gokul Rajaram, Human Capital, General Catalyst, Quiet Capital and DN Capital. Ganesh, Insight Partners’ managing director, will be joining the board. Also joining the board is Ram Gupta, who has experience working with teams that have created market capitalization of over $15B, including participating in three IPOs and nine acquisitions. He has served on the boards of many innovative technology companies, including Postman Inc. and Nexus Venture Partners, ThinkGeek, and Neeyamo. He also worked for major global brands like IBM and WebMD.
The company intends to use the funds to accelerate growth, expand operations to further R&D efforts, and its business reach, opening an Indian headquarters.
Led by CEO Maxim Serebryakov, Sanas was established by three Stanford students coming out of the renowned Stanford Artificial Intelligence Lab (SAIL) with the aim of increasing individual choice when it comes to the form people speak a native or foreign language powered by real-time accent translation.
The accent translation technology allows for deeper personal choice when it comes to people’s voices, can help increase foreign language fluency and addresses communication challenges between global teams and customers. It allows people to choose the accent they want to use in real time and preserve the speaker’s authenticity. Local-run software allows for 800+ communication apps and enterprise-grade data security.
Alorica, one the largest BPOs worldwide, announced a partnership with Sanas to bring the technology to their 100,000 employees as well as 250 enterprise customers around the world.
The team also includes Sharath Keshava Narayana, COO, Marty (Massih) Sarim, president, Pavan Karnam, vice president of data and analytics, and Dr. BalaKrishna Kolluru, vice president of engineering.