A networking giant Cisco system’s executive John Chambers plans to invest $3-5 billion in Chennai-based Uniphore Software Systems. John Chambers in an interview to HT told that “He would invest in India in his personal capacity and has already invested in one company in India.”
Services provided by Uniphore
Uniphore provides services including speech analytics, voice biometrics and a virtual assistant to improve human-machine interaction for enterprise customers.
Along with Cisco there are various other Investors in Uniphore including YourNest Angel Fund, IDG Ventures and Infosys cofounder Kris Gopalakrishnan.
Uniphore strengthens its leadership
Uniphore has raised more than $15 million in funding, and has recurring revenue of $6-10 million. The firm has also worked with more than 70 enterprise clients.
In June, the organization reinforced its initiative group naming previous SAP Canada official Pat Pattabhiraman as senior VP and previous Salesforce India official Ravi Kompella as India business head.
Chambers bets on Indian Startups
Chambers, who is chairman of US India Business Council, have personally placed significant bets on Indian Startups. His further personal investment portfolio includes several global advanced technology startups Airware, whose software helps drones to explore, gather and transmit data; Dedrone, a counter-ramble security firm; and Pindrop, which attempts to anticipate telephone based fraud.