iKala Secures Over $20 Million in Series B+ Funding, Led by Chunghwa Telecom to boost AI research and development in Japan and Southeast Asia.

Mar 26, 2024•over 1 year ago

Amount Raised

$20.8 Million

Round Type

series b

TaipeiMachine LearningArtificial Intelligence

Investors

Cherubic VentureHonesty VenturesHuitung InvestmentsWistron Digital Technology HoldingChunghwa Telecom

Description

iKala announced the successful completion of its Series B+ funding round, raising over $20 million led by Chunghwa Telecom. The funding will be used to boost iKala’s AI research and development and enhance its footprint in Japan and Southeast Asia, establishing itself as Asia’s premier AI transformation solution provider.

Company Information

Company

iKala

Location

Taipei, Taipei City, Taiwan

About

iKala is a leading AI transformation solutions provider from Taiwan, with a mission to "enable AI competencies" of enterprises by providing AI-driven cloud management and MarTech solutions, to optimize their operational efficiency and increase customer engagement. iKala's solutions and SaaS products are available in 6 countries, enabling over 800 enterprises and top-tier brands, including Fortune 500 companies, to transform their business.

Related People

Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Tech investment trends