Conversica raises $34m to scale its conversational AI ZDNet

Conversational artificial intelligence company Conversica has raised $34 million in an oversubscribed Series B round led by Providence Strategic Growth Capital Partners. Toba Capital, Wellington Financial LP, and Recruit Strategic Partners contributed to the round, as did Series A investor Kennet Partners and Conversica founder Ben Brigham. The funding will be used to boost the company's sales and marketing activities and for expansion into international markets. It will also support ongoing product development efforts including the launch of new AI assistants and multilingual support. Our planes are now'big flying mobile devices' and top hacking targets Consumers check smartphones more than 9 billion times a day and enable new businesses PwC sends'cease and desist' letters to researchers who found critical flaw China targets aviation industry to spy and steal secrets Our planes are now'big flying mobile devices' and top hacking targets PwC sends'cease and desist' letters to researchers who found critical flaw Conversica's flagship product, the AI Sales Assistant, automatically engages with prospective customers using natural, two-way email conversations until the lead converts into an opportunity or chooses to opt out.