TMCnet News
DigitalGenius Secures $3 Million Of Funding To Scale Innovative Artificial Intelligence And Natural Language Processing Platform Which Automates Conversations Between Brands And ConsumersLONDON and NEW YORK, June 22, 2015 /PRNewswire/ -- DigitalGenius Ltd. (Digital Genius) today announced it has secured its first round of institutional funding. The $3 million raise was led by Metamorphic Ventures and other leading technology investors and venture capital firms, including Lerer-Hippeau Ventures, Lowercase Capital, RRE Ventures, Lumia Capital, and strategic angel investors. The DigitalGenius platform has generated buzz for enabling brands to deploy next-generation conversational tools quickly and efficiently. The platform automates conversations between brands and millions of consumers through well-engineered Artificial Intelligence (AI) and Natural Language Processing (NLP) technologies. In advance of the funding announcement, DigitalGenius has built its customer base to include leading global brands such as BMW, Unilever, as well as several tier-one banks and financial institutions, among others. The company was named a runner-up at TechCrunch Disrupt, winner of the Milken Institute Start-Up Challenge, Unilever Foundry50, and among a list of eight fintech start-ups to watch in 2015. The company willuse the funding to fuel its operations and growth plans, and most importantly, to productize its AI offerings and transform the way brands communicate with consumers at scale. "With the proliferation of NLP and AI, more and more applications will be built that solve consumer pain points," said David Hirsch, Co-Founder and General Partner of Metamorphic Ventures. "The DigitalGenius team has built an amazing platform that enterprise customers and brands can leverage to increase customer satisfaction and reduce labor costs. I can't wait to live in a world where interacting with the cable company is actually a pleasurable experience." For more information on DigitalGenius, including details on its signature AI and NLP platform, as well as core solutions, customer case studies, and more, please visit www.digitalgenius.com. ABOUT DIGITALGENIUS: Media Contact: Robert Vanisko, North 6th Agency, Inc. (For Digital Genius) To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/digitalgenius-secures-3-million-of-funding-to-scale-innovative-artificial-intelligence-and-natural-language-processing-platform-which-automates-conversations-between-brands-and-consumers-300102602.html SOURCE DigitalGenius Ltd. 
|