The Recruit-backed conversational AI technology provider took its overall funding to $87m in a round that will support product development and sales and marketing.
Conversica, a US-based sales software developer backed by human resources provider Recruit Holdings, has received $31m in a series C round led by Providence Strategic Growth Capital Partners.
Providence Strategic Growth Capital Partners, an affiliate of private equity firm Providence Equity Partners, was joined by financial services firm CIBC’s Innovation Banking unit, Toba Capital, Savano Capital Partners and Kennet Partners. It valued the company at $300m according to TechCrunch.
Founded in 2007, Conversica has developed an intelligent assistant that uses…
