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PerSay

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PerSay
IndustrySpeaker recognition technology
FoundedFebruary 2000 (2000-02)
FounderAlmog Aley-Raz[1]
Headquarters
Ra'anana
,
Israel
Area served
Worldwide
Key people
Almog Aley-Raz, CEO
Ariel Freidenberg, Executive Vice President of Global Sales and Business Development
ProductsVocalPassword, FreeSpeech[2]
OwnerNuance Communications
Number of employees
18
Websitewww.persay.com

PerSay was an Israeli start-up company specializing in Voice Biometrics technology. Founded in 2000, its voice biometrics systems are used in the banking, insurance, governments, and telecommunications industries worldwide.[3]

History

PerSay was founded in February 2000 as a spin-off of Verint Systems (NASDAQ: VRNT), part of the Comverse Technology (Pinksheets: CMVT) group. Its headquarters is in Ra'anana, with an office in New York City. Its main investor was SKFT, which handled the venture capital activity of the Shrem Fudim Kelner group.[2] In April 2004 the company was valued at $2.9 to $3.7 million.[4] In 2010 the company was sold for an undisclosed amount (estimated at 10M-20M USD) to Nuance Communications.[5]

Products

PerSay markets the following products:[6]

  • VocalPassword, a biometric speaker identification system which verifies the speaker during an interaction using a voice application
  • FreeSpeech, a text-independent biometric speaker identification system which verifies a person's identity in the course of natural conversation
  • S.P.I.D., an audio-processing system which searches for a target’s voice in a volume of intercepted calls

PerSay's VocalPassword speaker identification technology has been acquired by Bank Leumi,[7] China Merchants Bank,[3] Bank Hapoalim, Israel Discount Bank, and Caja Madrid;[8] British Telecom,[9] Bell Canada, Vodafone, and Global Bilgi/Turkcell;[8] Sandata,[10] Planet Payment of New York,[11] Huawei,[12] and Barclays Capital and Morgan Stanley.[8]

References

  1. ^ "Voice biometrics co Persay sold for $6.7m". Globes. 30 November 2010. Retrieved 9 August 2011.
  2. ^ a b "SFKT injects $2m into Persay just months after write down". Globes. 22 June 2004. Retrieved 9 August 2011.
  3. ^ a b Feldman, Batya (17 February 2009). "PerSay signs deals worth $4 million: The voice recognition company has signed contracts with customers in China, the Philippines and US". Globes. Retrieved 9 August 2011.
  4. ^ "PerSay valued at $2.9-3.7m". Globes. 7 April 2004. Retrieved 9 August 2011.
  5. ^ Read, Brendan B. (6 January 2011). "IVR: Nuance Acquires PerSay to Bring Voice Biometrics to Market". TMC.net. Retrieved 9 August 2011.
  6. ^ "PerSay, Inc". Bloomberg Businessweek. 2011. Retrieved 9 August 2011.
  7. ^ "Persay secures contract with Bank Leumi". Telecom.paper BV. 19 February 2003. Retrieved 9 August 2011.
  8. ^ a b c "PerSay". Israel Trade Commission. Retrieved 9 August 2011.
  9. ^ Dar, Zuri (15 February 2005). "Persay wins BT anti-phishing tender". Haaretz. Retrieved 9 August 2011.
  10. ^ PR Newswire (3 December 2009). "Sandata Enhances Fraud Prevention Capabilities With Improved Voice Biometrics From PerSay Ltd". The Street. Retrieved 9 August 2011.
  11. ^ "Planet Payment Selects PerSay for Voice Authentication (press release)". Reuters. 29 November 2007. Retrieved 9 August 2011.
  12. ^ "Huawei partners with PerSay for voice biometrics". Telecom.paper BV. 8 April 2010. Retrieved 9 August 2011.
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