DC Advisory India is pleased to announce that its client Uniphore Software Systems, a leading software product vendor in the speech analytics and virtual assistant verticals, has closed its Series B round of funding led by John Chambers, Executive Chairman of Cisco. The round also saw participation from its existing investors including IDG Ventures and IIFL.
Uniphore announced this round as part of Mr. Chambers’ India visit last week. Mr. Chambers, a celebrated information technology sector leader, and influencer, has made the investment in his personal capacity and has concurred to be “Chief Guru” for the company.
This is Mr. Chambers’ first investment in a startup outside of the United States. Uniphore will utilize the funds to deepen core research driving product enhancement, upgrade its customer service infrastructure, expand its sales reach to newer geographies and recruit new talent to support its rapid growth.
We are humbled by John’s concurrence to be Chief Guru at Uniphore. It is our good fortune to have an industry veteran like John invest in the future of Uniphore. While John’s monetary investment is certainly important to the company, it is his vast and varied experience building a globally leading technology company that adds incalculable value to Uniphore and I am certain that the company will gain immensely from his counsel and guidance.