CX Firm Cyara Raises Funds to Fuel Expansion

Automated customer experience (CX) solutions specialist Cyara has raised more than $US 350m in a round of funding, which it will use for product innovation, to fund acquisitions of complementary technologies, and to fuel geographic expansion.

Co-founded in Melbourne, Australia in 2006 by CEO Alok Kulkarni (pictured), CTO Luan Tran and Executive Director Bonny Malik, Cyara helps its clients build and maintain their CX systems with automated testing and monitoring.

New funding comes from K1 Investment Management and Kulkarni comments: 'Cyara was founded with a vision to improve customer experience, and we're delighted to have found a partner in K1 that is committed to the same values and wants to accelerate our growth aspirations. More companies are realizing the business-critical nature of the work we do and we're excited to have the firepower to grow and continue to attract the best people globally'.

Web site: www.cyara.com .