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Nuance Communications  (Stock symbol: NUAN ) Acquired by Scansoft (2005 $ 221,000,000 )

1 Wayside Road
Burlington, MA 01803
Website Company Summary Management Team

Outside board: (May no longer be on the board) Philip J. Quigley (Pacific Telesis Former President/CEO);  Sandra Bergeron (McAfee Executive VP) Robert J. Frankenberg (Kinzan Acting CEO);  Todd Chaffee (Institutional Venture Partners);  Robert J. Finocchio (Santa Clara University Chairman of the Board of Trustees) Curtis Carlson (SRI International CEO);  Vinton Cerf (MCI Worldcom);  Yogen Dalal (Mayfield Fund) Irwin Federman (U.S. Venture Partners);  Alan Herzig (SRI International);  Gary Morgenthaler (Morgenthaler Ventures) David C. Nagel (PalmSource CEO)
Advisory board: Douglas Schrier (Rembrandt Venture Partners General Partner)

Business description: Nuance is changing the way companies communicate with their customers over the phone. Delivering voice-enabled information services, customer relationship management, communications, and sales force automation applications, Nuance simplifies the implementation of speech solutions for markets as diverse as banking/financial services and utilities. We commercialized the industry's first speech recognition engine and deployed the industry's first large-scale system working with Charles Schwab & Company. We delivered the world's first software platform optimized for speech solutions and our applications help companies gain rapid return from their speech investments. Our voiceprinting technology is now used around the world for security. Our text-to-speech software sets the standard for vocal quality. .
Customers include: American AirlinesAmerican ExpressAngel.comATandTBell CanadaCharles SchwabCoveo FujitsuOnStarSearsShooter FinancialTelusT-MobileU.S. ArmyUBSUnited Parcel ServiceVodafoneVoiceObjects Yahoo!;  Banco Bradesco;  British Airways;  Countrywide Financial Corporation;  FBI ;  Fidelity Investments;  Florida PowerAndLight;  Georgia Technology Authority;  JAPAN TELECOM;  Justice Ministry in the German State of Hesse ;  Kaiser Permanente Fresno Medical Center ;  KONICA MINOLTA PRINTING SOLUTIONS U.S.A. ;  Mount Carmel St. Ann’s Hospital ;  Naples Airport;  Nomura Securities;  Nova Scotia Power;  Pizza Hut;  Premera Blue Cross;  Quest Wireless;  Scandinavian Airlines;  Sprint PCS;  Sweden's Royal Mail;  Swedish National Road Administration;  Telemar;  Toyota Motor Corporation;  U.K. Royal Mail;  United States Department of Veterans Affairs
Partners include: Angel.comAsk.comAspect SoftwareBellSouthBeVocalCisco SystemsEdifyGenesys HuaweiInterwovenSun Microsystems;  Acapela Group;  AUSTAR;  Elan;  Net2Phone;  Netonomy;  Qpass;  Teleloque;  Vocent

Rounds: 5
Recent Fundings:    Sep 2002
Capital raised: 70.0M
Last Round: 17.4M
Ownership: Acquired by Scansoft (2005 $ 221,000,000 )
Stock Symbol: NUAN
Angels/other VCs: Alan Herzig (SRI Consulting);  William Sommers

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Record updated: Jan 2008
Sector: Communications
Year Founded: 1994
Headcount: 301-400 as of Jul 2004
Rounds: 5
Recent Fundings:    Sep 2002
Capital Raised: 70.0M
Last Round: 17.4M
Ownership: Acquired by Scansoft (2005 $ 221,000,000 )
Stock Symbol: NUAN