Japanese Radio Station Nippon Broadcasting Invests $3 Million in Audio Search Engine AudioBurst

Tokyo-based radio station Nippon Broadcasting System Inc. has invested $3 million in Tel Aviv-based audio search startup AudioBurst Ltd., the companies announced Monday. As part of the deal, AudioBurst and Nippon Broadcasting System will collaborate on products for the Japanese market which rely on AudioBurst’s technology.

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Founded in 2015 and headquartered in Palo Alto, California, AudioBurst supplies content indexing services to radio stations, offering an automated parsing and tagging technology. It also offers a search engine for speech audio segments.

Nippon Broadcasting System’s investment was made as part of AudioBurst’s Series A funding round, which now totals $14.4 million. Previously announced investors in the round include Samsung Ventures, Tokyo-listed speech recognition company Advanced Media Inc., Israeli venture capital fund Flint Capital, and Tel Aviv-based investment firm 2B-Angels. Nippon Broadcasting System, a subsidiary of Tokyo-listed media holding company FUJI Media Holdings, is a commercial radio station founded in 1954.