ICONIQ Capital Leads $170 Million Round in Dialpad

<p><strong>SAN FRANCISCO<&sol;strong> &&num;8212&semi; Dialpad Inc&period;&comma; which operates an AI-powered cloud communications and collaboration platform&comma; has raised &dollar;170 million in funding&period; The funding valued the company at &dollar;2&period;2 billion&period; To date&comma; Dialpad has raised &dollar;418 million in capital&period;<&sol;p>&NewLine;<p>ICONIQ Capital leads the funding round which includes participation from Amasia&comma; GV&comma; OMERS Growth Equity&comma; Work-Bench&comma; Section 32&comma; and T-Mobile Ventures&period; Dialpad will use the funding to invest in development and application of native artificial intelligence &lpar;AI&rpar; throughout its unified platform&semi; hiring top talent across data engineering&comma; natural language processing&comma; machine learning and customer-facing roles to support its rapid global growth&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Dialpad is the world’s most advanced AI-powered communications&comma; collaboration&comma; and contact center platform&comma; providing a customer- and cloud-first solution that enables more efficient and effective conversations&comma;” said Craig Walker&comma; founder and CEO&comma; Dialpad&period; &OpenCurlyDoubleQuote;This latest round of funding&comma; and increased valuation&comma; showcases Dialpad’s continued momentum and strengthens our dedication to helping companies scale and enterprises thrive in today’s hybrid&comma; work-from-anywhere world&period;”<&sol;p>&NewLine;<p>&&num;8220&semi;ICONIQ Capital is proud to again invest in Dialpad’s vision to deliver streamlined communications combined with crucial data-driven insights all through one application&comma;” said Will Griffith&comma; Founding Partner&comma; ICONIQ Capital&period; &OpenCurlyDoubleQuote;As the creator of Google Voice&comma; Craig Walker knows what it means to disrupt an entire category&period; Walker recognized the pain points consumers had communicating at scale in the cloud&period; Now&comma; he is applying that same philosophy with Dialpad&comma; extending it to the enterprise and is once again disrupting the status quo&period;”<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Customer adoption of Dialpad’s AI-powered TrueCaaS platform is at an all time high and is accelerating&comma;” said Mike Kourey&comma; Chief Financial Officer&comma; Dialpad&period; &OpenCurlyDoubleQuote;This &dollar;170 million financing round further fuels our unparalleled innovation engine and global expansion&comma; advancing Dialpad’s comprehensive vision for the future of work&comma; business communications and collaboration&comma; and customer experience&period;”<&sol;p>&NewLine;<p>Dialpad says it has more than 7&comma;000 customers and millions of people that use Dialpad to connect their teams from anywhere including Motorola Solutions&comma; Netflix&comma; T-Mobile&comma; Uber and WeWork&period;<&sol;p>&NewLine;