TMCnet News
Interactions raises $40 million in financing roundMay 22, 2013 (Datamonitor Financial Deals Tracker via COMTEX) -- Interactions Corporation, a US-based provider of conversational Virtual Assistant applications for customer care, has raised $40 million in financing round led by SoftBank Capital. Existing investors Sigma Partners, Sigma Prime Ventures, RED LLC, Cross Atlantic Capital Partners, North Hill Ventures and Updata Partners also participated in the round. Deal Value (US$ Million) 40 Deal Type Venture Finance Sub-Category Growth Capital/Expansion Deal Status Completed: 2013-05-22 Deal Participants Target (Company) Interactions, Inc. Acquirer (Company) RED LLC Deal Rationale Interactions intends to use the new funds to support an expansion of its operations across all business functions, accelerate its growth through continued technology and service innovation, and expand its portfolio of solutions. |
