USA – Conversica, Inc., a Foster City, Calif.-based leader in Intelligent Virtual Assistants (IVAs) enabling organizations to attract, acquire and grow customers at scale, raised $20m in Series D funding.
The round, which brings the total amount of institutional capital raised to $89m, was led by Hollyport Capital with participation from previous investors Providence Strategic Growth (PSG), Toba Capital, and Savano Capital Partners. The company intends to use the funds to continue its growth through investments in Sales, Marketing, and Partner Ecosystem and further invest in its Intelligent Automation Platform product development and engineering.Led by Jim Kaskade, CEO, Conversica leverages a patented platform combining Conversational AI, Deep Learning, Decision and Policy management to power interactions between AI and people via intelligent virtual assistant applications that automate personalized, contextual, and conversations with customers. 02/09/2020
