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Nexidia, Inc.

Product Name

Nexidia Media Search

Market Segment

Enterprise software and services

Funding

Nexidia is venture capital funded. Major investors include HIG Ventures; Boston Millennia Partners; Paladin Capital Group; SAIC; Cordova Ventures and Atlanta Technology Angels.

Competitors

To date Nexidia has no direct competitors in phonetic rich media search. Secondary competition exists through solutions based on speech-to-text technology.

Product Description

Nexidia’s product dramatically enhances discoverability, relevance and personalization of rich media search to create new advertising opportunities and new subscription services around searching, navigating and playback of rich media. Nexidia’s phonetic search solution renders any spoken word content (audio and video) instantly searchable via a simple or complex text query across 28 languages. Nexidia’s phonetic solution is disruptive to current approaches in that it produces unparalleled accuracy, speed and scalability.

Market Opportunity

Nexidia is partnering with rich media aggregators and content producers to extend beyond metadata-based search to index the actual spoken word content contained with audio and video on their Web sites and across the Internet. These services are available as a Web service, on the desktop or portable devices.

Demo Says

Audio files defy traditional search algorithms that rely upon metadata and free text to identify meaning. Nexidia applies search algorithms to speech to find audio files among search results. Yet it does so in an unexpected way: rather than applying a text search algorithm after speech-to-text processing is completed, Nexidia uses a phonetic search algorithm to find results within the spoken word. The result is a more accurate and efficient search method for recorded speech data.