Parloa's Conversational AI Platform Secures $66M in Series B Funding

Parloa, a conversational AI platform, has raised a whopping $66 million in its latest Series B funding round. The German company, known for its focus on the U.S. market, has seen rapid growth and success since opening an office in New York. With Altimeter Capital leading the investment, Parloa is well-positioned to capitalize on the growing trend of AI in customer service. The company's emphasis on "voice first" technology sets it apart from competitors, with CEO Malte Kosub highlighting the importance of human-like interactions in customer experience. Parloa's innovative use of AI models for speech-to-text applications and its custom telephony infrastructure have been key factors in its success. With a total of $98 million raised to date, Parloa is poised for further expansion and growth in both Europe and the U.S. market.