In March 2008, Nexiwave was founded in Boston by a group of IT Professionals led by Ben Jiang and Nickolay Shmyrev. Nexiwave shipped its first product, the core speech indexing and audio search feature, in December 2008. In February 2009, Nexiwave sponsored and developed a conference call service, known as SearchMyMeetings. SearchMyMeetings is a demonstration platform of the benefits of audio search feature. It processed audio recordings for fast keyword search and playback. SearchMyMeetings subsequently signed up MIT Sloan School as the first major users.
In late 2009, Nexiwave service was migrated into the cloud to deliver high capacity processing. Cloud based speech processing also allowed Nexiwave to host professionally developed customized speech decoding system for Nexiwave's customers. This ranges from customer service calls, market research recordings, restricted domain recordings, as well as the currently being developed legal deposition recordings.
Nexiwave mainly operates in Toronto/Windsor Ontario region.