AI startup Ema raises $77M as artificial intelligence reshapes enterprise software
The funding round brings Ema's total raised to $140 million, with the company reporting more than 50 enterprise customers including Google and Microsoft.
Ema, a startup building AI tools for enterprise use, has raised $77 million in new funding, according to TechCrunch.
The round brings Ema's total funding raised to date to $140 million, the report said, as investor interest continues in companies positioning artificial intelligence to take on tasks traditionally handled by enterprise software and services.
Enterprise customer base
Ema reports having more than 50 enterprise customers, including major technology companies Google and Microsoft, according to the report.
The funding comes amid a broader trend TechCrunch describes as AI increasingly displacing parts of the enterprise software and services market, as companies adopt AI-driven tools in place of some traditional offerings.
Specific details on Ema's product offerings, the investors participating in this round, or the company's valuation were not included in the excerpt available.
The raise adds to a wave of venture funding directed at enterprise-focused AI startups over the past year.
Sources
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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