Tech Company Financing Transactions
SmartAction Funding Round
SmartAction, based in El Segundo, raised $24.4 million in funding from ORIX, Silicon Valley Bank and Staley Capital Management.
Transaction Overview
Company Name
Announced On
2/6/2018
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$24,355,000
Round
Undisclosed
Investors
Proceeds Purpose
The company plans to use this investment to expand sales and marketing efforts, continue product innovation, and grow internationally.
Company Information
Company Status
Private & Independent
Industry
Healthcare IT
Mailing Address
300 North Continental Blvd. 350
El Segundo, CA 90245
USA
El Segundo, CA 90245
USA
Phone
Website
Email Address
Overview
SmartAction was founded as an artificial intelligence research company and has since evolved into the leading provider of AI-powered customer self-service solutions.
Management Team
Title
Name
Email & Social
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We do our best to document all VC transactions involving tech companies. All VC database entries reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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