Dialpad, the US-based business VoIP, video and contact-center service provider has announced $100 million in E Series financing. The funding phase was led by OMERS Growth Equity, Andreessen Horowitz, GV, ICONIQ Capital, Felicis Ventures, Section 32 and Work-Bench. As claimed by the company, its value now exceeds $1.2 billion, based on the $245 million that it has raised up till now. The new funding will focus on Dialpad innovations and support expanded market strategies. The $1.2 billion evaluation comes as no surprise, as the demand in the market is growing. The company says its annual revenue figure now exceeds $100 million. In addition, Dialpad has recently focused on its artificial intelligence solutions. In 2018, the company launched its VoiceAI service and now provides many AI solutions as part of its voice intelligence service. The services include automated note taking, real-time transcription and voice analytics. Moreover, the news…
Latest Posts:
- Why a good communications provider is key to business success
- A quick roundup of the news in Telecoms | Week #5
- DIDWW expands Toll-free virtual number coverage to Moldova, Malaysia and Kenya
- Ringover launches multi-channel prospecting solution Cadence
- T-Mobile joins climate pledge for a sustainable future
- A quick roundup of the news in Telecoms | Week #4
- Mitel and Atos explore merger possibilities to strengthen UC market position
- BT partners with Hiya to protect customers from spam calls
- Virgin Media O2 chooses Juniper Networks to upgrade its Core IP Backbone Network
Tag