Cresta, which uses AI to mentor customer service agents in real time, raises $50M


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Cresta, an AI-powered platform that offers real-time support to help customer service agents respond to inquiries on calls or in chats, has raised $50 million in a series B round of funding.

The companys latest investment, which was led by Sequoia Capital, with participation from Greylock Partners, Andreessen Horowitz, Allen & Company, and Porsche Ventures, comes after a year of growth that saw its revenues quadruple. Its difficult to read too much into any first-year revenue growth metrics, but its clear that companies are hankering for technology that helps them optimize their customer-facing operations.

Contact centers have proven fertile ground for AI, with a slew of companiesemerging to offer their own take on how automation can improve companies interactions with their customers. Just today, Uniphore announced a fresh $140 million investment to analyze emotion and engagement in both voice and video-based calls, while Talkdesk launched a new human-in-the-loop AI trainer for contact centers.

Cresta shares common ground with many of these companies, though its placing a specific focus on learning from what the best-performing agents do and passing this knowledge to colleagues while nudging them with suggested responses.

Above: Cresta: Behavior coaching

The San Francisco-based company officially launched last year with $21 million in funding, and it has amassed an impressive roster of clients so far, including Intuit, Adobe, and Dropbox. Cresta recently introduced Cresta for Voice to target phone-based sales and contact center teams, and it launched an integration with Amazon Web Services Amazon Connect cloud contact service platform last year.

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