Modulate, a Boston, Massachusetts-based startup using cutting-edge machine learning and audio tech to make voice chat safe, announced that it raised $30 million in Series A funding.
The round was led by Lakestar and supported by investors like Hyperplane, Everblue, and Galaxy.
Modulate will use the fund to continue to grow its team and expand ToxMod’s powerful tools for moderators and Trust & Safety teams.
Company: Modulate, Inc.
Raised: $30.0M
Round: Series A
Funding Month: Aug 2022
Lead Investors: Lakestar
Additional Investors: Hyperplane, Everblue, and Galaxy
Company Website: https://www.modulate.ai/
Software Category: Voice Modulation Software
About the Company: Founded in 2017 by Mike Pappas and Carter Huffman, Modulate is a voice modulation software developer who creates customized voice skins for video games. The company's software employs machine learning techniques to provide a variety of voice customization features for gaming avatars that change the sound of speech without changing the underlying emotion, wording, or overall speech style, allowing gamers to speak in the digital world using a variety of tones and thus providing a safer and more immersive voice chat experience. Modulate's mission is to build a richer, safer, more inclusive metaverse for everyone.
Source: https://www.modulate.ai/blog/30-million-series-a-funding