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Wheelings & Dealings: Speaktoit Secures Funding from Intel Capital, Alpine Fund
Wearable Tech World Feature Article
February 03, 2014
Wheelings & Dealings: Speaktoit Secures Funding from Intel Capital, Alpine Fund
By David Delony
Contributing Writer

Speaktoit, a startup focused on building virtual assistant apps, has announced that it has secured funding from Intel (News - Alert) Capital and Alpine Fund.

"Speaktoit firmly believes in the future of cross-platform virtual assistants that enhance the efficiency of its users' lives," said Ilya Gelfenbeyn, CEO, Speaktoit. "What has begun with smartphones over the past three years will soon touch many areas of our lives, including our cars and our homes. Intel Capital (News - Alert) and Alpine Technology Fund are the perfect partners for Speaktoit's continued technological advancements in human-computer interaction technology."

The Speaktoit Assistant app is available on iOS, Android and Windows Phone (News - Alert) devices. The Android app has already garnered high acclaim and Speaktoit said that the premium version was one of its highest grossing apps.

The two major funding providers are also optimistic about the future of Speaktoit.

"Our relationship with Speaktoit is a good example of Intel working closely with leading industry players to enable next generation, natural user experiences with Intel devices," said Sanjay Vora, head of Strategic Planning for Intel's PC Client Group.

"We are very excited about this opportunity and look forward to future collaborations between Speaktoit and Alpine Electronics," said Koichiro Kanda, Managing Director of Alpine Technology Fund. "We firmly believe in the balance between driver safety and a quality in-vehicle experience."

Virtual assistant apps are ideal for mobile and wearable applications because they let users get information quickly without having to fumble through menus.

Apps like these, including Apple’s (News - Alert) Siri, show how culture influences the development of technology. The idea of talking to a computer is lifted wholesale from the “Star Trek” TV series. It’s no accident that many engineers happen to be science fiction fans. This isn’t the first mobile technology inspired by the Star Trek universe. The design of the flip phone form factor also owed an obvious debt to the communicators in the original “Star Trek” TV series.

Edited by Cassandra Tucker

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