Expect Labs, a US-based company developing the MindMeld voice and video application for digital assistants, has raised an undisclosed amount from corporate venturing units Intel Capital, Samsung Venture Investment Corporation (SVIC), and Telefonica Digital.
In October, Expect Labs raised $2.4m from a consortium including search engine Google and publisher International Data Group’s corporate venturing units (Google Ventures and IDG Ventures, respectively), venture capital firms KPG Ventures, Greylock Partners, Bessemer Venture Partners and Quest Venture Partners and angel investors, including Naval Ravikant, Gil Elbaz and Don Hutchison
Expect Labs’ technology platform, the Anticipatory Computing Engine, helps analyze and understand conversations in real-time and proactively find related information.
Dave Flanagan, managing director at Intel Capital, said: “We are entering an era where the computing devices in our lives will not only be able to understand what we say, but they will also do a much better job anticipating the information we may need.”
Brannon Lacey, principal at SVIC, added: “Expect Labs has taken a unique approach to modeling context using sensor signals, such as GPS and audio, that are available in the new generation of computing devices.”
Tracy Isacke, head of Telefonica Digital Ventures, commented: “We see huge potential for its technology across all areas of our business, and this investment opens the door to close collaboration between our technical teams.”