National Grid Partners invested in sound recognition technology developer Audio Analytic's $12m series B round, which will fund product development.

UK-based sound recognition technology developer Audio Analytic closed a $12m series B round today that was backed by National Grid Partners, the corporate venturing arm of energy supplier National Grid. The round also featured Cambridge Innovation Capital (CIC), the patient capital fund allied to University of Cambridge, and unnamed existing investors. Founded in 2010, Audio…

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