Tuesday, February 17, 2015
Rockefeller Foundation Taps Skilled Workforce in Kenya
CloudFactory today announced it has received a $2 million Program Related Investment from The Rockefeller Foundation to expand its SpeakerText service, for fast, accurate video and audio transcription.
The Foundation made the investment under its Digital Jobs Africa initiative, a seven-year, $100 million effort to improve a million lives by connecting high-potential but disadvantaged youth in Africa to sustainable digital employment opportunities and skills training. The Foundation’s investment comes shortly after CloudFactory received $3 million in Series A venture funding....