Systems and methods for augmenting web conference sessions with multimedia content based on text extracted from audio content transmitted during the web conference. In one embodiment, a conference application or other application can receive audio content from at least one client participating in a web conference. The web conference can connect multiple clients for live sharing of audio and video. The conference application can also extract at least one text item from the audio content. The conference application can also generate augmented electronic content by combining electronic content received via the web conference with additional electronic content based on the at least one text item. The conference application can also provide the augmented electronic content via the web conference.