Announced
Completed
Synopsis
OMERS Private Equity led a $100m Series E round in Dialpad, a cloud-based communications platform for businesses, with participation from GV, Andreessen Horowitz, Iconiq Capital, Section 32, Felicis and Work-Bench. "We have seen a huge increase in demand for cloud communications tools, and we are raising additional capital to meet this demand. Users want a single platform to handle voice, video and messaging. They also want that platform to be smart; to do things like automate note-taking and provide real-time insights and answers in response to what’s happening on a call or meeting. We have invested in real-time speech recognition, natural language processing and voice analytics on a system that works anywhere, on any device. Our goal has always been to empower the future of work, and we are thrilled to join the OMERS Growth Equity portfolio and to continue to innovate," Craig Walker, Dialpad CEO.
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