Funding round
Uniphore Series B
Uniphore, which works in business AI platform development in Palo Alto, raised $9.4M in a Series B round announced on 1 Jan 2017. 1 firm took part, 1 of them already investors. It is Uniphore's first venture round on record.
$9.4M
Amount raised
Not disclosed
Post-money valuation
1
Investors
no lead named
Valuation
What this round says about the price
Uniphore did not disclose a valuation in this round. It is Uniphore's first venture round on record, 9 years after it was founded in 2008. It is 1.1% of the $860M Uniphore has raised in the venture rounds on record. Uniphore raised again 31 months later: a Series C round of $51M in Aug 2019. Its next priced round, a Series E in Feb 2022, valued it at $2.50B.
Uniphore's funding rounds
Uniphore has 5 venture rounds on record. This one is highlighted.
Investors
Who put money in
1 firm took part; no lead investor was named.
Investors
- backs 8 venture-backed companies existing investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Hiring
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
328 Series B rounds in Tech Companies within a year either side disclosed an amount; the median was $15M, and this round was 63% of the median. The closest in time, other companies' Series B rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 23 Jan 2017 | $165M | not disclosed | Insight Partners |
| Tech Companies | 26 Jan 2017 | $25M | not disclosed | Lightspeed Venture Partners |
| Tech Companies | 1 Jan 2017 | $22M | not disclosed | Carrick Capital Partners |
| Tech Companies | 31 Jan 2017 | $20M | not disclosed | General Catalyst |
| Tech Companies | 1 Jan 2017 | $19M | not disclosed | ZhenFund and ZhenCheng Capital |
| Pipedrive Tech Companies | 18 Jan 2017 | $17M | not disclosed | Atomico |
| Tech Companies | 25 Jan 2017 | $16M | not disclosed | Northzone |
| Tech Companies | 18 Jan 2017 | $15M | not disclosed | CRV |
Sources
Where this comes from
Reported by 3 sources.
Questions
Frequently asked
How much did Uniphore raise in its Series B round?
Uniphore raised $9.4M in its Series B round, announced in Jan 2017.
Which investors took part in Uniphore's Series B round?
JC2 Ventures.
What was Uniphore's valuation at the Series B round?
It was not disclosed.
How does it compare with other Series B rounds in Tech Companies?
328 Series B rounds in Tech Companies within a year either side disclosed an amount; the median was $15M, and this round was 63% of the median.
Did Uniphore raise again after this round?
Yes: a Series C round in Aug 2019 of $51M.