Conversation AI company Uniphore has announced its Series E funding round of $400 million. The funding round was led by NEA, March Capital and other existing Uniphore investors also participated in this funding round.  

Along with the funding, Uniphore also named NEA’s Venture Partner Hilarie Koplow-McAdams as a new member of the Chennai based company’s board. The news comes in the latest line of appointments made with Balaji Raghavan hired as Chief Technology Officer, Andrew Dahlkemper as Chief People Officer, and Vinod Muthukrishnan as Senior Vice President, Developer Platforms.

The latest funding round, which brings Uniphore’s total funding to more than half a billion ($610 million), will be used to extend Uniphore’s technology and market leadership with advancements in voice AI, computer vision and tonal vision.

The company would also be expanding its hiring base and business operations globally especially in North America, Europe and Asia Pacific.

Umesh Sachdev, CEO and co-founder, Uniphore, said,“Understanding conversations and the data and insights derived from them is essential to every business.  Our conversational automation engine has been delivering powerful and innovative solutions to help enterprises not just survive but thrive amidst all the demands placed on them by customers. 

He also added that it is an exciting time to be in the industry and at Uniphore, with a rapidly growing customer base and unparalleled talent joining our leadership team and board of directors and is really looking forward to the year 2022.