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Deepgram raises $130M and acquires a YC AI startup
## Deepgram secures new funding
Deepgram has announced the closing of a Series C funding round, bringing $130 million to the company. Deepgram's post-money valuation thus rises to $1.3 billion, confirming investors' confidence in its technology.
## Strategic acquisition
In parallel with the funding announcement, Deepgram announced the acquisition of an AI startup from the Y Combinator accelerator. Details of the acquisition were not disclosed, but the operation appears strategic to further strengthen Deepgram's capabilities in the field of AI.
## Market context
Deepgram operates in the voice processing and audio analysis sector, a rapidly growing market thanks to the increasing spread of voice assistants, IoT devices and automatic transcription solutions. The new capital and the acquisition could allow Deepgram to further develop its offering and compete more effectively with the main players in the sector.
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