Nexidia Secures More Than $23 Million

Nexidia Inc. has raised more than $23 million. The provider of audio search and speech analytics solution plans to use the capital to develop and protect its original research in its core technology and intellectual property. Nexidia also plans to use the capital to increase operational capacity in the contact center and other markets. BlueCross BlueShield Venture Partners, Sandbox Industries and HarbourVest Partners are new investors to the Atlanta, Ga.-based company. HIG Ventures, Paladin Capital Group, Boston Millennia Partners, Morgan Stanley and Cordova Ventures are existing investors that added to their equity stake.

18 October 2010•5 mins read
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