Cognigy Increases Series B Funding to $59M with new investor DTCP

Funding Rounds

Summary

DTCP joins Series B round with $15 million investment earmarked to further accelerate Cognigy’s global growth by expanding its customer base and entering new markets worldwide Dusseldorf / San Francisco / Sydney / London – February 17th, 2022– Cognigy, global leader in omnichannel customer service automation, has closed an additional $15 million funding round with DTCP. "Closing the extended round with DTCP’s investment is another big step forward as we expand operations in Europe, North America and the Asia Pacific region and support a growing network of partners and strategic alliances. With Cognigy.AI, Cognigy has developed a powerful conversational AI platform for building voice and chatbots for customer service and employee communication automation. Cognigy is a global technology leader and will enable a mass adoption of AI powered bots through its easy deployment, fast time to value, deep integrations, numerous ROI-heavy use-cases and a robust no-code usability. Intelligent voice and chatbots powered by its Conversational AI platform help businesses improve service quality, reduce operational costs, and support teams across the enterprise.

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Amount $15.0M Total raised
Date February 17, 2022 Announcement date
Investors DTSI Lead investors
Company http://www.cognigy.com Funded company

Classifications

industries
No industries detected
applications
Web and Content Management

AskAI Classifications

Labels
Conversational AI Customer Service Software Generative AI

Linked Companies

Cognigy
$10M to $25M