Voicera, the US-based creator of a smart meeting assistant, has completed a series A round featuring corporates Cisco, Alphabet, Microsoft, Salesforce and Workday that increased its overall funding to $20m.
E.ventures led the round, which included fellow venture capital firms Battery Ventures, GGV Capital and Greycroft. The company did not reveal the individual sizes of the seed and series A round that made up the total.
Networking equipment maker Cisco, software provider Microsoft internet technology group Alphabet and enterprise software producers Salesforce and Workday invested through Cisco Investments, Microsoft Ventures, GV, Salesforce Ventures and Workday Ventures respectively.
Voicera has created an artificial intelligence-equipped personal assistant called Eva that can record meetings and conference calls, using voice recognition, natural language processing and machine learning technology to compile detailed transcripts.
Leo de Luna, Microsoft Ventures’ managing director, said: “We believe voice collaboration will play a major role in the future of work. By investing in Voicera’s talented team and connecting them to Microsoft’s AI and productivity assets, we believe they will maximise the value of meetings.”
The funding will go toward product development, as Voicera looks to add features to Eva. The technology is compatible with Cisco’s WebEx conferencing platform but does not require dedicated software or hardware to run.