Avaamo

Avaamo announced a $6.3 million seed financing round. The company said it was created by Ram Menon and Sriram Chakravarthy, former TIBCO executives, and that the funding would support the enterprise messaging product it was building at the time.

Wipro announced it had taken a minority stake in Avaamo, signaling a strategic investment relationship between the two companies. Public reporting described the move as Wipro picking up a minority stake in the U.S.-based AI startup.

Avaamo announced a $14.2 million Series A financing led by Intel Capital, with participation from Ericsson Ventures, Mahindra Partners, Wipro Ventures, and WI Harper. The company said the round brought total investment to $23.5 million.

Avaamo announced that its conversational AI platform was now available on Genesys AppFoundry. This indicates a formal distribution/integration partnership with Genesys for contact center deployment.

Avaamo launched AvaamoGPT™, describing it as a generative AI solution specifically designed for the enterprise. This marked a material expansion from conversational AI into enterprise generative AI offerings.

Avaamo launched LLaMB, a framework for building GenAI enterprise applications safely, securely, and quickly. The company positioned it as an enterprise application development framework rather than a minor feature update.

Avaamo launched AI-Powered Agent Assist Copilot for live contact center calls. The company framed it as real-time, end-to-end support for agents, making it a substantive product introduction.

Avaamo launched AI Agents, describing them as digital workers for enterprise workflows. The launch indicates a strategic evolution toward autonomous task execution across enterprise use cases.

Avaamo announced a partnership with Wipro to deliver next-generation AI agents for global employee experience transformation. This is a material enterprise partnership with one of its earlier strategic investors.

Avaamo and Vonage announced a partnership to bring AI voice agents to healthcare at enterprise scale. The announcement reflects a significant channel and go-to-market collaboration in healthcare voice automation.