At the forefront of innovation, our company proudly introduced the revolutionary smart speaker "Cubic" in 2012, marking a significant leap forward in the realm of voice-activated technology. This pioneering product set the stage for future developments in the smart speaker industry, launching two years ahead of Amazon Alexa and four years prior to Google Home, solidifying our role as trailblazers in the field.
Funding and Recognition
Our visionary approach and groundbreaking technology have not only captivated the market but have also attracted substantial financial backing. We successfully raised $1.5 million in investments, further bolstered by $185,000 through a highly successful Indiegogo campaign. These achievements underscore the confidence and excitement surrounding our products and our company's potential.
Strategic Acquisitions
In 2016, our commitment to innovation led to the strategic acquisition of Cubic.ai's hardware department by Yandex. This pivotal move culminated in the launch of "Yandex Station" in 2018, an Amazon Echo-like device that leveraged Cubic’s hardware IP and engineering expertise, heralding a new era in smart home technology.
Additionally, in 2018, our cutting-edge natural language processing (NLP) technology was acquired by a leading tech company, underlining our significant contributions to advancing NLP solutions. Due to confidentiality agreements, further details of this partnership remain undisclosed.