When I spoke with SpinVox buyer Nuance, as it began planning the future for the voicemail-to-text firm last month, it said it would pitch the service harder to network operators, stop offering new direct consumer accounts, but continue to maintain the service for existing subscribers. That latter part now appears…

SpinVox CEO Christina Domecq has left the company following its acquisition by Nuance, which now aims to refocus the service away from the consumer market. Companies House documents filed just now show six SpinVox directorships - including Domecq, co-founder Daniel Doulton and recently-named CFO Manoj Parmar -  were terminated on…

SpinVox’s CEO Christina Domecq had to pay back £125,000 to the company after an investigation in to her use of corporate finances, according to a detailed 70-page filing made by new owner Nuance to the SEC. The investigation was ordered by SpinVox’s board in July, when, after paidContent:UK lifted the…

Speech recognition outfit Nuance will unveil its plans for Spinvox, the troubled voice-to-text firm it bought for $102.5 million in December, at Mobile World Congress in Barcelona in February. For now, Nuance has placed the firm in a new voice-to-text division run as general manager by Seattle-based John Pollard, EMEA…

Spinvox says it’s fully repaid a £30 million bridging loan that kept it afloat until its sale to Nuance last month. The voicemail-to-text company had accepted the mezzanine loan from the Tisbury fund in July after falling in to a financial mess. The company has now told Companies House it…

Earlier reports had said Burlington, Massachusetts, digital speech company Nuance may buy troubled voicemail-to-text counterpart Spinvox before year’s end - and Nuance on Wednesday confirmed exactly that… The price - $102.5 million - is less than half the more-than-$200 million in investment that Spinvox had raised before things started to…

When paidContent:UK opened up the story of SpinVox’s financial turmoil this summer, the ensuing vortex of negativity that surrounded the voice-to-text company suggested something had to be done. Investors began considering SpinVox’s intellectual property may have value of its own, and some staff, raising talk of a sell-off, began hoping…

UK investment manager Invesco Perpetual AiM VCT, which owns a minority stake in troubled voice-to-text firm SpinVox, appears, in its 08/09 earnings, to have inadvertently confirmed rumours that paidContent:UK had received recently - that the company is actually up for sale. Invesco’s market statement: “More disappointingly amongst the unquoted investments,…

Under-fire UK voice-to-text firm SpinVox, which we revealed last week was finalising a new funding injection, has in fact secured those new funds thought to be £5.5 million, as suppliers and staff complain of unpaid bills and expenses. The company told paidContent:UK: “Existing investors from the last round of funding…

SpinVox it is close to securing a new round of funding, after burning through the $100 million it raised in March 2008. The CEO of the voice-to-text firm, which is also facing public-relations challenges, told staff in a memo last week: “We’re days away from banking our new funding round…

A Dragon’s Den investor who is one of SpinVox‘s key advisers has come out batting for the under-fire voice-to-text firm. Asked about outcry over the company’s financial issues and off-shoring of voicemail transcription, Julie Meyer, whose Ariadne Capital holds an equity stake in return for advising the firm, told paidContent:UK:…

SpinVox CEO Christina Domecq knows August will be the toughest month, but says upcoming income from recently-inked Latin America contracts will take the UK voice-to-text firm’s books in to positive territory within 90 days. In the first part of our full interview with the co-founder of one of Britain’s most…

Our story last week, that much-talked-about voice-to-text firm SpinVox, which got $100 million funding last year, was having to offer staff equity instead of salary, drew heated allegations from ex-staff about missing salaries, unpaid expenses and lavish company spending. We asked CEO Christina Domecq to set the record straight. In…

The much-talked about voice-to-text firm SpinVox is trying to pay staff in stock instead of salary this summer to save money, we have learned and confirmed - despite getting $100 million funding only last year. The company said: “We are offering all of our employees the opportunity to exchange all,…

London-based SpinVox, which converts voicemails to text, has raised $100 million from Goldman Sachs, along with GLG (SEO: 066570) Partners, Blue Mountain Capital Management and Toscafund Asset Management. It brings the company’s total amount raised to $200 million. Christina Domecq told Reuters that the round valued the company in excess…