2018 Startups to Watch: Mycroft gives voice to corporate outsider tech

January 16, 2018  |  Tommy Felts

Mycroft AI

Editor’s note: Startland News selected the top Kansas City firms to spotlight for its annual Startups to Watch list. The following is one of 2018’s companies. To view the full, ranked list of Startups to Watch, click here.

The in-house, top-tier technology at Mycroft speaks volumes about the competitiveness of the Kansas City company’s open-source voice assistant, said co-founder Joshua Montgomery.

Mycroft’s Mark II device, which is expected to launch on Kickstarter Jan. 25, sets a new standard for the startup, as well as an industry that includes such market heavyweights as Amazon and Google, he said.

“Amazon’s Echo development process for Alexa actually involved a total of three acquisitions and four years of work,” Montgomery said. “Our company is about to be on par with them, and in our case, we’ve developed the wake word spotting, the speech recognition (in partnership with Mozilla), the natural language understanding engine that figures out what you’re trying to say, and then the speech synthesis engine mimic, which is kind of robotic — and we have a new one coming out that is really, really natural sounding.”

The Mark II — built on all the lessons learned from launching Mycroft’s original Mark I technology, Montgomery said — should arrive to backers in early December. The device will feature a new screen and an array microphone for improved sound quality, he said.

“So, by the end of this year, the user experience will be very similar to what Alexa and Google are providing, but with all of the technology under one roof,” Montgomery said. “There are only a few companies that can do that.”

Google, Apple, Amazon, Facebook, and a handful of others have that capability, he said, even if they don’t all choose to do so.

“And then there’s Mycroft,” Montgomery said. “That puts us in pretty good company.”

Mycroft announced Friday it raised $1.75 million in an oversubscribed round, exceeding the firm’s goal by more than $1 million, Montgomery said. Those joining the seed round included the Missouri Technology Corporation, Kansas City-based Northland Angels, Deep Space Ventures, TechNexus and Social Starts.

Montgomery credits the company’s ongoing success to the talent of his team, he said.

“We got lucky with one of our original hires. He was the first hire a Siri and the second engineer assigned to Echo,” he said. “And even though we’ve only got 20 employees, we have 1,500 developers in our community that are making contributions every day.”

startland-tip-jar

TIP JAR

Did you enjoy this post? Show your support by becoming a member or buying us a coffee.

Tagged , , , , , , ,
Featured Business
    Featured Founder

      2018 Startups to Watch

        stats here

        Related Posts on Startland News

        New Startland reporter wants to immerse herself in KC’s culture of innovation

        By Tommy Felts | July 19, 2016

        Two months ago today, I packed up the last of my belongings in my Columbia, Mo. apartment. And to be frank, I was slightly embarrassed to be moving back in with my parents in Independence, Mo. A recent graduate from the University of Missouri’s School of Journalism, it seemed that almost everybody I knew was…

        Exclusive: John Fein departing Techstars to lead new $7M Midwest venture fund

        By Tommy Felts | July 19, 2016

        After three years with the Kansas City-based Sprint Accelerator, John Fein is moving on to lead a venture fund that has ambitious Midwestern plans. Fein, who’s served as the managing director at the Techstars-led accelerator since 2014, will serve his last day with the organization on July 31. With decades of fast-paced startup experience, Fein…

        cash money

        Mid-America Angels set for second consecutive record-breaking year

        By Tommy Felts | July 18, 2016

        The Mid-America Angels is poised to make 2016 a record-breaking year. The area investment group already has deployed $1.7 million via seven deals in the first six months of 2016, setting pace for its biggest year of investment in its ten-year history. In 2015, the firm set a record for its amount of capital deployed,…

        With a fresh $2M, Athlete Network sets ambitious growth goals

        By Tommy Felts | July 15, 2016

        Athlete Network has scored a slam dunk with a $2 million seed round raise. The Lenexa-based firm that created a social network for athletes announced Thursday it had closed its first funding round after bootstrapping for two years, Athlete Network CEO Chris Smith said. The platform aims “to keep athletes competing in life” by enabling…