PerSay was an Israeli start-up company specializing in Voice Biometrics technology. Founded in 2000, its voice biometrics systems are used in the banking, insurance, governments, and telecommunications industries worldwide.[3]
History
PerSay was founded in February 2000 as a spin-off of Verint Systems (NASDAQ: VRNT), part of the Comverse Technology (Pinksheets: CMVT) group. Its headquarters is in Ra'anana, with an office in New York City. Its main investor was SKFT, which handled the venture capital activity of the Shrem Fudim Kelner group.[2] In April 2004 the company was valued at $2.9 to $3.7 million.[4] In 2010 the company was sold for an undisclosed amount (estimated at 10M-20M USD) to Nuance Communications.[citation needed]