Opportunity Austin announces Rev.com expands Austin footprint

Posted on 05/24/2021

For Immediate Release:

May 24, 2021

Media contacts:

Elizabeth Christian Public Relations

Walter Zaykowski – 202.503.5108

Danielle Kaigler – 617.840.1689

Company is adding office space and new jobs

AUSTIN, Texas— Opportunity Austin, the Greater Austin Chamber’s five-county prosperity initiative, today announced that Rev.com is growing its presence in Austin, Texas, adding to both its headcount and physical footprint.

“We welcome Rev’s continued growth in the Austin region,” Charisse Bodisch, Austin Chamber/Opportunity Austin senior vice president, economic development, said. “As the number one speech-to-text service in the world, Rev is a part of a growing technology sector in Austin featuring companies with innovative leaders working with AI to find solutions for businesses and individuals alike.”

Rev currently has more than 130 Austin-based employees and occupies 12,837 square feet of Class A office space in Hartland Plaza located at 6th Street and MoPac Boulevard (Loop 1). The company plans to add an additional 130 jobs by the end of 2021. These jobs include engineering, product, marketing, and sales roles.

“Rev established its second headquarters in Austin years ago because of the city's reputation for a great quality of life,” Rev CEO Jason Chicola, said. “Being able to continue to grow even amidst a pandemic is a testament to Austin's spirit of innovation and entrepreneurship. We look forward to welcoming even more of the region's vast talent pool to Rev as we 'rev up' for growth.”

To accommodate its growing workforce, including the addition of 61 new Austin-based employees during the COVID-19 pandemic, Rev has leased an additional 1,641 square feet in Hartland Plaza for a total Austin office footprint of 14,478 square feet. The office space features a fully stocked kitchen, an employee lounge and game room, access to a shared gym, and weekly catered lunches.

Rev built its automatic speech recognition (ASR) engine from the ground up, training it on more than fifty thousand hours of highly accurate audio samples transcribed by humans. Customers can use Rev's automated transcription service for a low-cost and quickly delivered solution. Software developers can also access this ASR engine through the Rev.ai API. Rev.ai makes it easy to build speech recognition directly into applications and services, helping businesses make their audio and video content accessible and searchable.

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About Opportunity Austin
Opportunity Austin is the Austin Chamber of Commerce’s economic development initiative aimed at fostering job-creating investment in the five-county Central Texas region. Top priorities include boosting economic diversification to proactively strengthen the economy, deepening the talent pool through development and attraction, and keeping the Greater Austin region attractive to entrepreneurs, business leaders and site selectors through advocacy on issues such as comprehensive regional transportation system and regional collaboration. Since 2004, Opportunity Austin has helped bring more than 400,000 total jobs to the Austin region. Learn more about Opportunity Austin here.

About Rev
Rev combines human and artificial intelligence to deliver the largest and most popular voice-to-text service. More than 170,000 customers and 60 percent of the Fortune 500 turn to Rev for fast, accurate, and affordable audio and video-to-text needs, ranging from transcription and translation to captions and subtitles. Powered by a large and vibrant community of freelancers, Rev uses artificial intelligence tools to turn speech into text at unparalleled low cost and has been recognized as one of America's Most Promising Artificial Intelligence Companies by Forbes. Rev has also been named a Best Place to Work by Inc., Comparably, and Built In Austin. The company is obsessed with making the power of voice accessible to everyone, all while creating fulfilling work-from-home jobs. Learn more at rev.com.