No, the androids aren’t taking over our businesses — they’re just making them run faster and smarter. WorkFusion is one of the leading companies pioneering the use of AI for automation at the enterprise level. What’s more, the firm just raised $50 million in Series E funding to scale their business to a global level.
The round, closed late last week, was lead by Hawk Equity and Declaration Partners, both new to the company’s equity. Previous investors returning to the table include Georgian Partners, iNovia Capital and NGP Capital. In total, the Series E round brings WorkFusion’s funding to just over $121 million.
“Intelligent Automation is the next wave of not only workforce efficiency but also how established businesses will grow through digital initiatives, and WorkFusion is the clear leader,” said Hawk Equity founder David Hawkins in a statement on the funding.
WorkFusion intends to use the newest funding stream to expand its product beyond the company’s Wall Street headquarters with key global hires. Presently, the company has international offices in Belarus, London, Bangalore, Hong Kong, Sydney and more.Read Complete Article