Indian AI-driven speech recognition firm banks $140m in series D round

Uniphore, an AI-driven speech recognition firm based in India, has raised US$140 million in its latest round of funding.

More funding details

• Lead investor: Sorenson Capital Partners
• New investors: Serena Capital, Sanabil Investments, and Cisco Investments
• Stage: Series D

More company updates

• The fresh funds will be used to develop the company’s technology in artificial intelligence, automation, and machine learning across the enterprise.
• Uniphore also announced the appointment of a new board director: Rob Rueckert, managing partner at Sorenson Capital Partners.
• The latest funding round is the speech recognition firm’s largest so far, bringing the total funds invested in Uniphore to $210 million.
• After its acquisition of Emotion Research Labs earlier this year, Uniphore plans to focus on video-based AI applications as well as applications in the security and robotic process automation markets.
• In 2019, the Chennai-based company opened a new headquarters in Palo Alto, California.

For more coverage about the company, head here. You can also click on the link below to view the company’s key details and funding history.