Kira Systems closes $66 mln Series A with Insight Venture Partners
Kira Systems, a Toronto-based artificial intelligence-enabled contract analytics software vendor, has raised about $66 million (US$50 million) in a Series A financing. The round was backed by U.S. venture capital firm Insight Venture Partners. Insight Managing Director Peter Sobiloff will join the board. Founded in 2011 by CEO Noah Waisberg and CTO Alexander Hudek, Kira's platform leverages machine learning technology to automatically identify and extract information from contracts and related documents. Its clients include law firms, as well as other professional services firms and businesses. Kira will use the funds raised to further enhance its software and expand its global customer base.
5 September 2018•4 mins read
