AI startup Fireflies.ai has announced that it has raised $14m (Rs 100 Cr) in the latest financing round. The Series A round was led by Khosla Ventures, with participation from its seed investor, Canaan Partners.
This follows a $5m seed round at the end of 2019. The enterprise AI company also announced that Sandhya Venkatachalam (Partner at Khosla Ventures) and Rayfe Gaspar-Asaoka (Partner at Cannan) will be joining the company’s board of directors.
“Fireflies is extracting insights from one of the largest existing sources of knowledge in a company, which is voice conversations. The Fireflies platform creates a layer of intelligent piping across communication systems that connects the right information to the right people at the right time,” said Sandhya Venkatachalam.
The company said in a statement, “We’re fortunate to have the continued support of our angel investors who are current/previous operators at organizations like Slack, Salesforce, Dropbox, Hopin, and Twitter.”
Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.