ArmInfo. The Armenian IT company Krisp managed to attract $ 9 million from international investors, Hakob Arshakyan, Minister of High-tech Industry of Armenia, wrote on his Facebook page.
He said that last year the company attracted investments for $ 5 million, having developed an application that allows you to neutralize unnecessary noise during conversations through servers such as Viber, WhatsApp, Zoom, Skype, etc., using artificial intelligence.
`` Especially during the spread of the coronavirus pandemic, the company received a new development opportunity and entered into new contracts with world famous companies. We congratulate the team and wish them new successes, "the minister noted.
Meanwhile, it is worth noting that Krisp Technologies, Inc. has Armenian roots, but it itself is registered and operates in the California city of Berkeley.
It should be reminded that earlier Hakob Arshakyan reported that in 2020 Armenian start-ups that have research centers and create appropriate products managed to attract $ 50 million in investments from foreign markets. At the same time, he said that the turnover of companies operating in the sphere of high technologies in Armenia increased over the past year by 20.6%, amounting to 198 billion drams. According to the Statistical Committee of the Republic of Armenia, the revenue of the entire sphere of information and telecommunication technologies (ICT) in 2020 reached 318.1 billion drams (about $ 650.6 million), exceeding the indicator of a year ago by 2.8%. This general decline in growth dynamics is mainly due to the drop in revenues for the country's telecom operators.
