SupportLogic: Raises $50M in Series B Funding

SupportLogic Raises $50M in Series B Funding

  • SupportLogic, a San Jose, Calif.-based creator of a proactive support experience (SX) platform, closed a $50m Series B funding round
  • The round was led by WestBridge Capital Partners and General Catalyst with participation from existing investors Sierra Ventures and Emergent Ventures
  • The company intends to use the funds to accelerate growth and ongoing platform innovation
  • The company provides a platform that allows businesses to understand and act on the “voice of the customer” in real-time to enhance customer service and support
  • The company launched Agent SX, providing a console that delivers more context and insights on backlog cases to improve the quality of agents’ responses
  • A number of leading enterprise companies are already using SupportLogc SX, including Cloudera, Databricks, Fivetran, Khoros, Nutanix, Qlik, Rubrik, Snowflake and others
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Visa and TikTok Launch Creator Card, Enhancing Monetization for Influencers

New financial tool aims to streamline earnings for content creators.Highlights: Visa and TikTok have launched the new Creator...

Nium and Coinbase Strengthen Global Stablecoin Settlement Partnership

The collaboration aims to enhance cross-border payments using stablecoins.Highlights: Nium partners with Coinbase to optimize stablecoin settlements.The collaboration...

FCA Announces Second Cohort for AI Live Testing Initiative

New phase aims to improve integration of AI in financial services.Highlights: FCA launches second cohort for AI live...

Cab Payments Strengthens Case Against Helios Blocking Takeover Bid

Cab Payments contests Helios Investment's actions regarding merger talks.Highlights: Cab Payments accuses Helios of blocking a crucial takeover...