VoiceBase is one of 70 companies chosen by VentureBeat to launch at the DEMO Fall 2010 event taking place this week. These companies do pay a fee to present, but our coverage of them remains objective.

If your business involves listening to presentations, meetings, lectures or conferences, you probably on a few occasions wished you could just record them to listen and share at a later time. Looking to bring voice recording and sharing to all those suffering through endless, droning calls, VoiceBase today announced its launch at DEMO Fall 2010.

VoiceBase allows users to record voice conversations using an iPhone or Android device. Once a user is done with a recording, it’s automatically uploaded to VoiceBase.com and transcribed by machines and humans. Need to share the voice conversation with others? During the recording, users can designate others to receive the completed transcription.

One of the more interesting uses for the VoiceBase is the ability to search through recordings. Similar to a Google search, the user can search for any term and have a list of those conversations available, along with markers where the mention was found in the recording. Comments can be left at any marker. When recordings are shared with others, they can see and comment themselves.

While the company claims there is no direct competitors, several familiar names are playing in the space, including  Google Voice, which transcribes recorded calls or voicemails up to three minutes in length. Other companies, like Nuance, offer an iPhone application that transcribes a few minutes of voice. Neither is very usable for lengthy conversations.

The Novato, Calif.-based company, founded earlier this year,  recently landed a $700,000 first round of funding from two private European investors, the Band of Angels organization, and some private investors in the Bay Area.

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