Tethr, an Austin, TX-based AI-powered conversation intelligence platform for listening enterprises, raised $15m in funding.
The round was led by IAG Capital Partners, with participation from existing investors including Kline Hill Partners and Falmouth Ventures.
The company will use the new funds to accelerate investments in sales and marketing and continue to advance its listening platform.
In conjunction with the funding, software industry veteran Robert Beasley has been named CEO of the company. Beasley, with over 20 years of experience in founding, growing, and selling tech companies, began working with Tethr in 2015 and has served in several executive roles since that time.
Led by Beasley, Adam Larsen, CTO, Matt Dixon, Chief Research and Innovation Officer, and and Steve Trier, Chief Product Officer, Tethr is a research-backed conversation analytics platform that surfaces automated insights from customer conversations and delivers those insights to the decision-makers who need them. The cloud-based platform easily surfaces important insights from phone calls and other customer interactions. Customers use Tethr to turn large amounts of unstructured conversation data into insights that accelerate smart decisions, improve business performance, and increase bottom-line growth.