

Austin-based ConverseNow Technologies, which automates and personalizes restaurant orders on high-volume voice channels using artificial intelligence, has raised $3.25 million in seed funding. Bala Investments led the round with participation from LiveOak Venture Partners, Tensility Venture Partners, Knoll Ventures, 2048 Ventures, Bridge Investments and Connexus A1 Fund managed by Ken Neeld, CEO of Delphi Display Systems. In addition to the funding, Rajiv Bala, a managing director at Bala Investments, will join ConverseNow’s board of directors.
Source: Press Release