Avaamo, a Los Altos, CA-based conversational AI platform provider, raised $14.2m in Series A funding.
The round was led by Intel Capital with additional investment from Ericsson Ventures, Mahindra Partners, Wipro Ventures and WI Harper.
The company intends to use the funds to expand its sales and marketing efforts.
Founded by Ram Menon and Sriram Chakravarthy, Avaamo provides a platform that enables enterprises to deploy omnichannel intelligent assistants in the areas of supply chain, HR, sales support, claims processing and insurance advisory.
The company serves customers in the finance, mutual funds, telco, retail and healthcare industries