AI Startup Avaamo Raises $14.2 Mn Series A Funding, Led By Intel Capital

California-based AI startup Avaamo has successfully raised $14.2 Mn Series A funding, led by Intel Capital. Other Investors who participated in the round were Ericsson Ventures, Mahindra Partners, Wipro Ventures, and WI Harper. Intel Capital director Arun Chetty, who led the investment, will join Avaamo's board. Avaamo will use the latest funding to expand its sales and marketing channels to meet the demand in the enterprise for conversational AI solutions in the growing global market. With this, Avaamo's total funding now stands at $23.5 Mn.