Startup Altocloud scores $2M and launches its ‘predictive communications’
Summary
Today, startup Altocloud is emerging from stealth mode and releasing what it says is the first predictive analytics solution with machine learning for real-time communications like chat and phone calls. Or, as Altocloud is calling it, “predictive communications.” The Mountain View, California-based company, which is also reporting it has raised $2 million in seed funding, has been testing the software in a private beta since March of last year. His previous experience includes a stint as a senior vice president at Cisco, heading up the WebEx and telepresence businesses. Altocloud also serves as an enhancement to traditional contact center systems like Cisco, Avaya, and Genesys, he said, and complementary to marketing automation platforms, such as Marketo, HubSpot, Eloqua, and Pardot. This most recent funding round, which brings to $3 million the total raised since the company’s founding in October 2013, was led by Delta Partners, Digicel Group, and ACT Venture Capital.
