CloudTalk, a Bratislava, Slovakia-based AI-powered calling solution, has raised $28 million in Series B funding.
SaaS Investors
The round was co-led by KPN Ventures and Lead Ventures, with participation from existing investors Point Nine Capital, henQ, Presto Ventures, and Orbit Capital.
KPN Ventures is an early-stage venture capital fund managed by KPN Ventures. The fund is located in Rotterdam, Netherlands, and invests in Europe. This fund targets the software and TMT sectors.
Founded in 2017, Lead Ventures is a venture capital and private equity firm based in Budapest, Hungary. The firm seeks to support ventures with capital, experience, and a wide-ranging network. The firm focuses on technology-based sectors.
CloudTalk Use of Funds
The latest funding will be used to accelerate growth and improve its cloud phone system. The company plans to focus intensively on AI, incorporating features such as AI-powered dialers, conversational intelligence, and speech recognition into its platform.
About CloudTalk
CloudTalk was founded in 2016 by Martin Malych and Viktor Vanek to help businesses make customers experience the greatest competitive advantage for driving more revenues. CloudTalk is a developer of a cloud-based call center software designed to support sales teams. The company's software adapts and delivers customer support and offers native integrations with various global CRMs, helpdesks, and business tools, enabling businesses to create a virtual phone system for sales and customer service teams in an efficient manner.
Funding Details
Company: CloudTalk, s.r.o.
Raised: $28.M
Round: Series B
Funding Month: January 2024
Lead Investors: KPN Ventures and Lead Ventures
Additional Investors: Point Nine Capital, henQ, Presto Ventures, and Orbit Capital
Company Website: https://www.cloudtalk.io/
Software Category: Call Center Software
Source: https://www.prnewswire.com/news-releases/cloudtalk-raised-28-million-funding-to-lead-the-new-era-of-ai-powered-voice-communication-302037384.html