CallMiner Announces Agreement With In-Q-Tel for Speech Analytics Technology

FORT MYERS, Fla. — CallMiner Inc. has signed a strategic investment and development agreement with In-Q-Tel, a private venture group funded by the Central Intelligence Agency (CIA). In-Q-Tel joins existing CallMiner investors Inflexion Partners, Intersouth Partners, and Village Ventures. Financial terms of the agreement are not disclosed but include enhancements to CallMiner's speech analytics toolset.

"CallMiner's state of the art technology for mining information from recordings offers a robust set of applications to gain insight into recorded interactions," said Gilman Louie, president and CEO of In-Q-Tel. "We have tapped CallMiner's expertise in the development of speech analytics applications to serve in the United States national security interest. In-Q-Tel is excited to support CallMiner and benefit from their progress in speech analytics."

CallMiner's technology uses speech recognition and patent-pending conversion technologies to listen to recorded phone conversations to create mineable databases.