Dialpad Inc., a San Francisco-based industry leader in AI-powered cloud communications and collaboration, announced $170 million in Series F funding.
The round was led by ICONIQ Capital, with participation from Amasia, GV, OMERS Growth Equity, Work-Bench, Section 32, and T-Mobile Ventures.
Dialpad will use this funding to invest in the further development, application of native artificial intelligence (AI) throughout its unified platform, hiring top talent across data engineering, natural language processing, machine learning, and customer-facing roles to support its rapid global growth.
The amount raised and valuation of $2.2 billion reflects the increasing importance of a truly unified approach to business communications. To date, Dialpad has raised $418 million in the capital.
Company: Dialpad Inc.
Round: Series F
Funding Month: December 2021
Lead Investors: ICONIQ Capital
Additional Investors: Amasia, GV, OMERS Growth Equity, Work-Bench, Section 32, and T-Mobile Ventures
Company Website: https://www.dialpad.com/
Software Category: AI-powered cloud communications and collaboration
About the Company: Dialpad is the global leader in AI communications for business, transforming how the world works together. Dialpad customers benefit from truly unified business and customer communications, including a cloud business phone system, text and team messaging, video meetings, and the world’s most advanced AI-powered contact center all in one beautiful app. Dialpad is the one place for truly unified Communications as a Service (TrueCaaS™), offering companies and employees the ability to work smarter not harder from anywhere on any device. More than 7,000 innovative brands and millions of people use Dialpad to connect their teams from anywhere including Motorola Solutions, Netflix, T-Mobile, Uber, and WeWork.