Apttus Nets M, Pushes Machine Learning With New Intelligent Agent ‘Max’
Investors have made another large bet on Apttus and its Quote-to-Cash solution — this time for $88 million. The Series D funding, announced today, brings the San Mateo, Calif.-based software provider’s total funding to $274 million. Apttus simultaneously revealed a new team member: Max, an intelligent agent that interacts with salespeople in augmented reality environments. Max, born through cognitive technologies, is designed to help enterprises with mundane, repetitive tasks in the revenue process. “This takes care of any capital needs for a while and also allows us to invest more in machine learning capabilities,” Kamal Ahluwalia, Apttus chief revenue officer, told CMSWire. Ahluwalia said Apttus is using data in its Quote-to-Cash suite to build a machine-learning engine “that drives intelligent insights and actions.” Apttus Investments Gulf Islamic Investments LLC (GII), a United Arab Emirates-based financial services…
Link to Full Article: Apttus Nets M, Pushes Machine Learning With New Intelligent Agent ‘Max’
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