202123 Nov

Kore.ai Extends Series C Funding to $73.5M With NVIDIA


Kore.ai, an Orlando, Fla.-based conversational AI software company, extended its Series C funding round to $73.5m with participation from NVIDIA (NASDAQ: NVDA). The company will integrate NVIDIA software including Riva, a GPU-accelerated SDK for building speech AI applications that delivers real-time performance and provides flexibility and customization for next-generation solutions. Led by Raj Koneru, founder and CEO, Kore.ai increases the speed of business by optimizing customer, employee, agent and search experiences through digital and voice and business process assistants built on its Experience Optimization platform. The company serves customers with large-scale deployments, handling millions of conversations in text and voice, in retail banking, healthcare, technology, and other areas. Kore.ai ensures the success of its customers through a growing team headquartered in Orlando, Florida, along with offices in India, the UK, Japan, and Europe.

Source: Finsmes