Artificial active

Veritone acquires VocaliD, voice creator with artificial intelligence

Extension of the multi-award winning Veritone voice solution with new features – enabling the development of the synthetic voice of the iconic Walter Cronkite.

DENVER, June 16, 2022–(BUSINESS WIRE)–Veritone, Inc. (NASDAQ:VERI), maker of aiWARE, a hyper-expansive enterprise AI platform, today announced the acquisition of VocaliD, Inc. , a US-based company that pioneered the creation of custom synthetic voices. VocaliD will enhance Veritone’s existing synthetic voice offerings for commercial enterprises including brands, podcasters, broadcasters, studios, publishers and enterprises.

With the addition of VocaliD, Veritone Voice has the ability to control and manage the entire voice creation lifecycle for greater efficiency and scale. Built on Veritone’s aiWARE, Veritone Voice has the unique ability to work with third-party AI models seamlessly, allowing VocaliD model integration to be leveraged instantly. VocaliD’s robust voice models and exclusive voice adjustment and audio mixing features built into Veritone Voice extend the enterprise-grade solution while reducing complexity, cost and management time.

Veritone and VocaliD have teamed up with the Cronkite domain and New York Times bestselling author Joe Garner to create the synthetic voice model of iconic American journalist Walter Cronkite for use in educational projects.

“Before knowing Veritone Voice, I never could have imagined that it would be possible for people to hear the voice of Walter Cronkite read his own words written at this pivotal moment in our history,” said Joe Garner, Director General of Garner Creative Concepts. “Hearing Walter’s voice deliver the foreword he wrote for my book in 1998, We are interrupting this broadcasthas been incredibly meaningful to me personally and professionally.”

Today, Veritone Voice’s growing list of enterprise customers includes Audacy, iHeartMedia, Larry King Interactive, Mediacorp and Premiere Networks. In addition to the late and iconic Walter Cronkite, individual talents for commercials, endorsements and other voice-over projects are also on the Veritone Voice roster, such as active and retired sports announcers Randy Hahn and Vin Scully, podcaster Bryan Barletta of Sounds Profitable, radio personality and host Ellen K of Kost 103.5, and YouTube influencers and comedians Rhett McLaughlin and Link Neal of Mythical Entertainment.

“Veritone Voice brings tremendous value to our enterprise customers and IP owners of all sizes. With such a large addressable market, Veritone is able to meet consumer demands for content at scale, with localization and without sacrificing quality,” said Ryan Steelberg, Veritone president and co-founder. “I’m excited to bring VocaliD from both a human and technology perspective to expand our voice offering and bring even more functionality to existing and future customers.”

VocaliD’s proprietary voice matching and mixing technology has received prestigious marketing awards from the National Science Foundation and the National Institutes of Health and has deep scientific roots in the research of Founder and CEO Dr. Rupal Patel, at Northeastern University.

“From the start, we believed that our voices are not the same, they are our identities and so we focused on personalization and personalization,” Dr Patel said. “We are thrilled to partner with Veritone to realize our vision of leveraging the voice of AI to create more equitable, fair, diverse, inclusive, expressive and engaging user experiences. Given our shared commitment to the ‘Responsible and ethical AI, we are ready to shape industry practices and define new monetization models that benefit all stakeholders.

Winner of NAB’s 2021 Product of the Year and several other industry awards, Veritone Voice is part of Veritone’s Veriverse portfolio. Rather than focusing on one aspect of synthetic voice creation, Veritone Voice offers a full suite of built-in voice features, including creation, management, workflows, monetization, and licensing. To protect a creator’s synthetic voice, Veritone includes features such as inaudible watermarks, traceability, licensing protocols, and proprietary tools to protect and file claims against unauthorized monetization of content on social platforms. The Veritone Voice solution supports text-to-speech and text-to-speech capabilities.

Dr. Patel and the VocaliD team will join Veritone’s Commercial Enterprise division, adding expertise and capabilities in engineering, customer success and marketing. The Veritone team is thrilled to embrace this talented group and accelerate their technology and mission together.

For more information, visit Veritone.

About Veritone

Veritone (NASDAQ: VERI) is a leader in enterprise artificial intelligence (AI) software and solutions. Serving organizations in the commercial and regulated sectors, Veritone’s software, services and industrial applications accelerate and maximize digital migration, enabling the world’s largest and most recognizable brands to operate more efficiently, accelerate decision-making and increase profitability. Veritone’s hyper-expansive enterprise AI platform, aiWARE™, orchestrates an ever-growing ecosystem of machine learning models to transform audio, video, and other data sources into actionable intelligence. Through professional and managed services, as well as its strong ecosystem of partners, Veritone develops and builds AI solutions that solve the problems of today and tomorrow.

To learn more, visit Veritone.com.

About VocaliD

VocaliD is a Boston-based voice technology company that creates bespoke AI-generated voices for discerning brands who understand the power of voice for social connection, trust, and engagement. Building on its founding social mission to amplify the unique voice identities of those living with mutism, VocaliD partners with professional voice talents to create, present and monetize their AI voice through PARROT STUDiO, the audio production platform without company code.

To learn more, visit www.VocaliD.ai

Safe Harbor Statement

This press release contains forward-looking statements. Without limiting the generality of the foregoing, words such as “may”, “will”, “expect”, “believe”, “anticipate”, “intend”, “could”, “estimate or “continue” or the negative form or other variations thereof or comparable terminology are intended to identify forward-looking statements. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances are forward-looking statements. Assumptions relating to the foregoing involve judgments and risks regarding various matters that are difficult or impossible to predict with accuracy, many of which are beyond Veritone’s control. Some of these judgments and risks are discussed in Veritone’s filings with the SEC. Although Veritone believes that the assumptions underlying the forward-looking statements are reasonable, each of the assumptions may prove to be incorrect and, accordingly, there can be no assurance that the results contemplated in the forward-looking statements will be achieved. In light of the material uncertainties inherent in the forward-looking information included herein, the inclusion of such information should not be taken as a representation by Veritone or any other person that their objectives or plans will be achieved. Veritone undertakes no obligation to revise any forward-looking statements contained herein to reflect events or circumstances after the date hereof or to reflect the occurrence of unforeseen events.

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contacts

Valerie Christopherson or Lora Wilson
Global Reporting of Results (GRC)
+1 949 608 0276
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