Revuze, a provider of cloud-based AI-enabled business solutions for marketing, product management, business development, and customer service, raised $5.1 million in a Series A funding round, bringing the company’s total funding to date to $12 million.
Maverick Ventures led the funding round with the participation from existing investor Prytek, which invested in the previous round. The company plans to use the new funds to ramp up sales and marketing efforts and hire talents for the R&D department.
Revuze is an Israeli market research company offering an all-automated customer opinions analyzer. The company’s flagship product Revuze Explorer scans millions of consumer opinions daily from a range of public and internal information sources and through machine learning, AI semantic analysis of texts, dividing and organizing all the information into the most relevant subjects for every brand and product. In this way, a company can receive immediate feedback about its products and brands and those of its rivals in real-time.
Revuze CEO Boaz Grinvald said: “Our technology allows us to provide every business user with deep market insights from their work desk at a price every pocket can afford. There is no longer a need to hang around to receive data or complete research. Now every business manager can make the best decisions.”
Image Credit: Revuze