Digital Reasoning, a Nashville, Tenn.-based provider of Artificial Intelligence (AI) solutions that understand human intentions and behaviors, raised $30m in funding.
The round was led by BNP Paribas, with participation from Barclays and Square Capital and previous investors Goldman Sachs, Nasdaq, Lemhi Ventures, HCA, and the Partnership Fund for New York City. Angel Rodriguez-Issa, Global Head of Strategic Investments, Global Markets at BNP Paribas, has joined Digital Reasoning’s board of directors.
The company will use the funds to continue to expand its product portfolio for capital markets and wealth management use cases, accelerate key AI innovations across speech analytics, natural language understanding, and machine education and expand its go-to-market capacity.
Led by Brett Jackson, CEO, and Tim Estes, president and founder, Digital Reasoning provides AI-powered solutions that use its patented AI technology to turn all forms of communications data – including now audio and voice data – into discoverable, understandable, and actionable insights to accelerate customer-centric data strategies in large enterprises.