Uniphore Scores $400 Million Series D

<p><strong>PALO ALTO<&sol;strong> &&num;8212&semi; Uniphore&comma; a leader in conversational automation&comma; announced its Series E funding round of &dollar;400 million&period; The round&comma; which brings Uniphore’s total funding to more than half a billion &lpar;&dollar;610 million&rpar; is led by NEA and raises the company’s valuation to &dollar;2&period;5 billion&period; March Capital and other existing Uniphore investors along with new entities are also participating in this funding round&period;<&sol;p>&NewLine;<p>The new round of funding is Uniphore’s largest to date and will be used to extend Uniphore’s technology and market leadership with advancements in voice AI&comma; computer vision and tonal emotion&comma; as well as to expand its business operations globally&comma; specifically in North America&comma; Europe and Asia Pacific&period;<&sol;p>&NewLine;<p>The market for automating enterprise conversations has rapidly accelerated in the past few years as companies recognize the impact of positive customer interactions on their brand image and customer loyalty&period; As a result&comma; many businesses have turned to artificial intelligence and automation to create smooth and frictionless customer experiences&comma; and Uniphore has been at the forefront of innovation leading the industry&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Understanding conversations and the data and insights derived from them is essential to every business&comma;” said Umesh Sachdev&comma; CEO and co-founder&comma; Uniphore&period; &OpenCurlyDoubleQuote;Our conversational automation engine has been delivering powerful and innovative solutions to help enterprises not just survive but thrive amidst all the demands placed on them by customers&period; It is an incredibly exciting time to be in this industry and at Uniphore&comma; with a rapidly growing customer base and unparalleled talent joining our leadership team and board of directors&period; I am looking forward to working with businesses around the world to help drive their success in 2022&period;”<&sol;p>&NewLine;<p>Uniphore’s rapid growth rate has also warranted new additions to its team&period; Announced today is the appointment of Hilarie Koplow-McAdams&comma; Venture Partner&comma; NEA&comma; to Uniphore’s Board of Directors&period; Mrs&period; Koplow-McAdams is a seasoned enterprise software and services executive who brings more than three decades of experience for both growth-stage and established companies&period; Bolstering the strength of its leadership team&comma; the Company recently appointed Balaji Raghavan as Chief Technology Officer&comma; Andrew Dahlkemper as Chief People Officer&comma; and Vinod Muthukrishnan as Senior Vice President&comma; Developer Platforms&period;<&sol;p>&NewLine;