U.S.-Israeli analytics startup Chorus.ai raises $33 mln: Reuters

Chorus.ai, a U.S.-Israeli provider of analytics for sales teams, said on Thursday it raised US$33 million in a Series B funding round led by Canadian growth equity firm Georgian Partners.

Returning investors Redpoint Ventures and Emergence Capital also participated in the round, bringing the total raised to date to US$55 million.

The funds raised will be used to accelerate customer acquisition and continue product innovation.

Chorus.ai CEO Roy Raanani said his company’s technology provides visibility into video conferencing platforms and phone calls to understand how top performers sell and coach the rest of the team.

The company has offices in San Francisco and Tel Aviv and customers include Adobe and Zoom Video Communications.

Update: In a statement, Chorus.ai said Georgian Managing Partner Simon Chong will join the board of directors.

Earlier this year, Georgian secured about $715 million (US$550 million) for its fourth growth equity fund.

(Reporting by Tova Cohen; Editing by Steven Scheer)

(This story has been edited by Kirk Falconer, editor of PE Hub Canada)