Taiwan-based AI-driven startup iKala has raised US$ 17M in a Series B funding round held in August 2020, led by Wistron Digital Technology Holding Company along with participation from existing investors Hotung Investment Holdings Limited and Pacific Venture Partners.
The latest round brings the startup’s total funding to US$ 30.3M raised to date. Proceeds from the round will be used to expand into new Southeast Asian regions like Indonesia and Malaysia and also enhance its offerings in existing markets based in Singapore, Thailand, Hong Kong, The Philippines, Vietnam and Japan.
Founded in 2011 by Candy Hsu, Frank Gong, Keynes Cheng and Sega Cheng, the startup offers an Artificial Intelligence-based customer engagement and marketing platform. Their services are mainly targeted towards e-commerce companies and include iKala Cloud, to help undergo digital alteration and develop AI applications; KOL Radar, for influencer marketing and Shoplus, a social commerce service fixated on Southeast Asian markets.
More than 400 enterprise customers across 12 industries, along with 15K+ publicists, plus Fortune 500 companies, have used iKala’s technology to transform and promote their business, as well as reach out and sell to as many customers as they can with AI. iKala is recognized as “Google Technology Partner”, “Google Cloud Premier Partner”, and “Facebook Marketing Partner”.
iKala board member Lee-Feng Chien was quoted to say that, “Taiwan has an excellent reputation for having some of the best high-tech talents in both hardware and software around the region. With Wistron as a strategic partner, iKala can become a major driving force for transforming Taiwan into an AI industry and talent hub in Asia.”
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