AAA Tact.ai takes $27m in series C round

Tact.ai takes $27m in series C round

Tact.ai, the US-based developer of a conversational artificial intelligence platform for sales, has closed a $27m series C round featuring corporate venturing vehicles Alexa Fund, Comcast Ventures, M12 and Salesforce Ventures.

The units, subsidiaries of e-commerce and smart home product company Amazon, mass media group Comcast, software provider Microsoft and enterprise software producer Salesforce, invested with Accel, Redpoint Ventures and Upfront Ventures.

Formerly known as Tactile, Tact has created a conversational AI software platform that can be used by sales teams to help streamline, and more effectively manage, their work and access important data more easily.

The series C round was disclosed as the company introduced voice intelligence technology to the software along with Intelligent Workspace, a system that brings all aspects of a sale including messaging, collaboration and an AI assistant, into a single place.

Tact.ai’s founder and chief executive, Chuck Ganapathi, said: “Sales professionals need a way to control their data and coordinate with people, whether on phone, smart speaker, or in-car.

“We are pleased to work with world-class investors and global companies like Comcast, Amazon and Salesforce to execute on our vision of a conversational and voice-driven enterprise for sales teams.”

Accel and Redpoint provided $11.2m of series A funding for the company in 2014, returning for a $15m series B in late 2016 that was led by Upfront Ventures and backed by M12, then known as Microsoft Ventures. Tact has now raised more than $57m altogether, it said this week.

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