US-based automation technology developer WorkFusion received $50m in series E capital yesterday from investors including NGP Capital, the venture firm backed by telecoms firm Nokia and formerly known as Nokia Growth Partners.
Hawk Equity and Declaration Partners co-led the round, while iNovia Capital and Georgian Partners also participated.
WorkFusion enables enterprises to digitise their business processes using automation technology that handles back-office tasks and exploits artificial intelligence to operate customer support chatbots.
The series E round will allow WorkFusion to…