ZoomInfo, a market intelligence platform, has acquired Chorus.ai, a conversational AI startup, for $575M in cash.

WHO ARE THE PARTIES TO THE DEAL?

  • Chorus.ai: California-based Chorus.ai is a conversational AI platform that uses AI to assess sales calls and provide insights to create a successful coaching plan for sales and customer success teams. The platform also provides enterprise-wide insights into the customer’s voice and preferences. The company caters to several enterprises including Zoom, Mavenlink, Qualtrics, Adobe, TripActions, and GitLab.
  • ZoomInfo: Washington-based ZoomInfo provides market software, data, and information to over 20,000 businesses across the world. In 2020, the company hit a revenue of $476.2M, growing 62% year-over-year. It employs 1,800 people across the United States.

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The post ZoomInfo Acquired This Conversational AI Company To Expand Its Market Reach appeared first on CB Insights Research.

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