In the midst of a wave of tech industry layoffs, it’s heartening to see some startups succeeding despite the dour market outlook.
Kore.ai, a company developing enterprise-focused conversational AI and GenAI products, today announced that it raised $150 million in a funding round led by FTV Capital, Nvidia, Vistara Growth, Sweetwater PE, NextEquity, Nicola and Beedie. Bringing the company’s total raised to ~$223 million, the new cash will be put toward product development and scaling up Kore.ai’s workforce, co-founder and CEO Raj Koneru told me in an interview.
Koneru started Kore.ai in 2014 after launching Kony, a …
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