WorkFusion adds $50 million from strategic investors as it bulks up for acquisitions

WorkFusion adds $50 million from strategic investors as it bulks up for acquisitions

6 years ago
Anonymous $CLwNLde341

https://techcrunch.com/2018/05/24/workfusion-adds-50-million-from-strategic-investors-as-it-bulks-up-for-acquisitions/

WorkFusion, a business process automation software developer, has raised $50 million in a new, strategic round of funding as it prepares to start adding new verticals to its product suite.

The company’s new cash came from the large insurance company, Guardian; health care services provider New York-Presbyterian, and the commercial bank, PNC Bank. Venture investor Alpha Intelligence Capital, which specializes in backing artificial intelligence-enabled companies also participated in the new financing.