Uniphore Software Systems, a Chennai-based speech recognition solutions company and incubated at IIT-Madras, concluded an undisclosed fund-raise from Infosys co-founder Kris Gopalakrishnan along with existing investors.
Umesh Sachdev, co-founder and CEO of Uniphore, said the funding would be used to fuel Uniphore’s global expansion plans, especially in the US market and also to develop their core technology. He added that the company would like to hit $20-million revenue mark by 2017-18 and the plans to establish operations in the US would help achieve the target.
With six patents to its name, Uniphore’s solutions include voice bio-metrics, virtual assistant and speech analytics.
