Digg icon reddit icon Stumbleupon icon
Print Email     Print Edition Stories

Tuesday, June 21, 2011

3Play Media brings in second round at $511K

By James M. Connolly

Cambridge startup 3Play Media Inc., founded by four MIT graduate students who are working on technology to capture and transcribe lectures, has received $511,601 in an equity round, according to a filing with the U.S. Securities and Exchange Commission.

Originally based in Somerville, 3Play Media says on its website that it was founded in 2007 because traditional transciption methods have been cost-prohibitive and computerized methods were inadequate. The company’s products and services, which it says are used by more than 100 customers, draws on research from the MIT Spoken Language Systems Group, and offers a transcription process that combines automatic speech recognition with human editing cleanup.

The SEC filing lists as interested parties the company founders, including president Christopher Antunes and angel investor Anatole Khesin, who was among the angels participating in a $450,000 funding of the company in February 2010, and took both a board seat and a marketing position with the company at that time.


 

Comments

If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.

Digg icon reddit icon Stumbleupon icon
Contact Editor Latest News

Tech Pulse Poll

Should RI officials have approved the $75M loan to 38 Studios?



View Results

Stay Informed
Check which newsletter you'd like to receive.
TechFlash (Daily)
BioFlash (Daily)
GreenFlash (Weekly)
Startup Report (Weekly)
Breaking news, MHT events, local announcements
RSS feeds
Your email:

Affiliate publications: ACBJ.com, Boston Business Journal, Bizjournals.com, Portfolio.com, Wired.com

Web Site Developed by Neptune Web, Inc.

Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement and Privacy Policy. About our ads.