iKala, a Taipei, Taiwan-based provider of AI-driven cloud services and marketing technology, has raised $20.8 million in Series B+ funding, bringing its total fundraising to over $50 million.
Investors
The round was led by Chunghwa Telecom. Existing investors participating in this round include Wistron Digital Technology Holding, Huitung Investments, Honesty Ventures, and Cherubic Venture.
Chunghwa Telecom provides communication, network, cybersecurity, and cloud infrastructure solutions, catering to retail, industrial, and commercial customers in Taiwan and other countries. The company is headquartered in Taipei, Taiwan.
iKala Use of Funds
The company will use the funds to boost AI research and development and enhance its presence in Japan and Southeast Asia.
About iKala
Founded by Shijia Cheng, Ju-Chia Hsu, and Keynes Cheng, iKala is a company that provides AI-driven cloud services and marketing technology, serving over 1,000 enterprises, including Fortune 500 firms. The company specializes in AI research and development, cloud deployment, and AI-driven marketing solutions. Its flagship product, KOL Radar, is an AI influencer platform with over three million global influencers, catering to markets across Asia such as Japan, Hong Kong, Singapore, Malaysia, Thailand, and Vietnam. iKala's mission is to empower businesses with AI-driven tools to enhance customer acquisition and marketing efficiency.
Funding Details
Company: iKala Interactive Media Inc.
Raised: $20.8M
Round: Series B+
Funding Month: March 2024
Lead Investors: Chunghwa Telecom
Investors: Wistron Digital Technology Holding, Huitung Investments, Honesty Ventures, Cherubic Venture
Company Website: https://ikala.ai/
Software Category: Cloud Management and MarTech Solutions
Source: https://www.prnewswire.com/apac/news-releases/ikala-secures-over-20-million-in-series-b-funding-led-by-chunghwa-telecom-302099212.html