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Upfront Backs Tact.ai In New Funding Round

socalTECH

Los Angeles-based venture capital investor Upfront Ventures has joined in a new round for one of its portfolio firms, Tact.ai , which announced a $27M Series C funding this morning. develops artificial intelligence software used for providing conversational interaction with customer relationship management (CRM) software.

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Startups Weekly: Upfront Ventures bets on a bus service

TechCrunch LA

Hello and welcome back to Startups Weekly, a weekend newsletter that dives into the week’s noteworthy news pertaining to startups and venture capital. Landline , the operator of a bus network in the Midwest, is one of the latest companies to raise venture capital. billion in a round led by the private equity firm GPI Capital this week.

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The Coming Shift in Enterprise Software

Both Sides of the Table

Most large enterprise companies were either built in the pre-Internet era or rose on the prominence of Internet 1.0, AI / Bots  — Neither voice nor chat-based communications would truly work as seamlessly without a level of artificial intelligence that powers the communications. This is the area where Tact has crushed it.

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