iKala Secures $20M+ in Series B+ Funding
April 9, 2024, 9:34 pm
iKala, a Taipei-based AI-driven cloud services and marketing technology company, has successfully raised over $20 million in Series B+ funding. The funding round was spearheaded by Chunghwa Telecom, Taiwan's largest telecommunications carrier. iKala plans to utilize the funds to bolster its AI research and innovation efforts, as well as to expand its presence in overseas markets.
Led by CEO Sega Cheng, iKala specializes in providing AI-driven cloud services and marketing technology to a diverse clientele of over 1,000 enterprises, including Fortune 500 companies. Through the use of AI-powered tools, iKala assists brands in enhancing customer acquisition and marketing efficiency. The company's AI influencer platform, KOL Radar, boasts a network of over three million global influencers and has successfully expanded into markets such as Japan, Hong Kong, Singapore, Malaysia, Thailand, and Vietnam.
In a statement regarding the funding, Sega Cheng expressed enthusiasm about the strategic partnership with Chunghwa Telecom, emphasizing their shared focus on AI and cloud deployment. Together, the two companies aim to help clients adopt hybrid clouds, leverage AI for accelerated customer acquisition, and enhance productivity. iKala remains dedicated to advancing research and development, supporting the AI community, and establishing itself as the premier AI solution provider in Asia.
The collaboration between iKala and Chunghwa Telecom signifies a significant step towards driving AI transformation for enterprises. With a focus on developing enterprise-specific large-scale language models (LLMs), the partnership aims to enhance AI learning, facilitate AI-driven knowledge management, and improve operational efficiency. Additionally, iKala has unveiled plans to establish an AI Research Center to broaden its range of AI consulting services and assist companies in implementing AI to enhance internal operational efficiency.
Gen Harimoto, General Manager of Chunghwa Telecom's Enterprise Business Group, highlighted the innovative potential of iKala's technology and services in the realm of AI marketing technology. Through strategic investments and collaborative efforts, both companies seek to accelerate business expansion in overseas markets, deepen exchanges on AI technology, enhance operational efficiency, and solidify their business alliance.
Sega Cheng reiterated iKala's commitment to industry advancement and societal contribution through ongoing R&D initiatives, open-source AI contributions, and the development of digital talent. By accelerating expansion in overseas markets and establishing trust among clients in Asia, iKala aims to position itself as a leading AI transformation solution provider.
As AI continues to shape the competitive landscape for enterprises, the partnership between iKala and Chunghwa Telecom underscores a shared vision for driving AI innovation, enhancing operational efficiency, and fostering sustainable growth in the digital era. Through collaborative efforts and a focus on technological advancement, both companies are poised to lead the way in AI transformation solutions.
Led by CEO Sega Cheng, iKala specializes in providing AI-driven cloud services and marketing technology to a diverse clientele of over 1,000 enterprises, including Fortune 500 companies. Through the use of AI-powered tools, iKala assists brands in enhancing customer acquisition and marketing efficiency. The company's AI influencer platform, KOL Radar, boasts a network of over three million global influencers and has successfully expanded into markets such as Japan, Hong Kong, Singapore, Malaysia, Thailand, and Vietnam.
In a statement regarding the funding, Sega Cheng expressed enthusiasm about the strategic partnership with Chunghwa Telecom, emphasizing their shared focus on AI and cloud deployment. Together, the two companies aim to help clients adopt hybrid clouds, leverage AI for accelerated customer acquisition, and enhance productivity. iKala remains dedicated to advancing research and development, supporting the AI community, and establishing itself as the premier AI solution provider in Asia.
The collaboration between iKala and Chunghwa Telecom signifies a significant step towards driving AI transformation for enterprises. With a focus on developing enterprise-specific large-scale language models (LLMs), the partnership aims to enhance AI learning, facilitate AI-driven knowledge management, and improve operational efficiency. Additionally, iKala has unveiled plans to establish an AI Research Center to broaden its range of AI consulting services and assist companies in implementing AI to enhance internal operational efficiency.
Gen Harimoto, General Manager of Chunghwa Telecom's Enterprise Business Group, highlighted the innovative potential of iKala's technology and services in the realm of AI marketing technology. Through strategic investments and collaborative efforts, both companies seek to accelerate business expansion in overseas markets, deepen exchanges on AI technology, enhance operational efficiency, and solidify their business alliance.
Sega Cheng reiterated iKala's commitment to industry advancement and societal contribution through ongoing R&D initiatives, open-source AI contributions, and the development of digital talent. By accelerating expansion in overseas markets and establishing trust among clients in Asia, iKala aims to position itself as a leading AI transformation solution provider.
As AI continues to shape the competitive landscape for enterprises, the partnership between iKala and Chunghwa Telecom underscores a shared vision for driving AI innovation, enhancing operational efficiency, and fostering sustainable growth in the digital era. Through collaborative efforts and a focus on technological advancement, both companies are poised to lead the way in AI transformation solutions.