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Instabase Raises $45 Million in Series C Funding to Drive AI-powered Automation Innovation

Instabase Raises $45 Million in Series C Funding to Drive AI-powered Automation Innovation

June 9, 2023

San Francisco, United States - Instabase, a leading software development company at the forefront of AI-driven automation, announced today that it has successfully raised $45 million in its Series C funding round. The funding was secured from a prestigious group of investors, including Greylock, K5 Global, New Enterprise Associates (NEA), and Tribe Capital.

Instabase has emerged as a pioneering force in revolutionizing organizational processes through the application of cutting-edge AI innovations. By integrating AI breakthroughs from research labs with deep industry expertise, Instabase empowers organizations to automate their mission-critical processes and achieve unprecedented levels of efficiency.

With its open ecosystem, Instabase enables businesses to embed intelligence into any system or business process, catalyzing transformative outcomes. This unique approach has garnered the trust of many of the world's largest financial institutions, insurance companies, governments, and enterprises, who rely on Instabase to streamline operations and deliver extraordinary experiences.

Commenting on the funding round, Anant Bhardwaj, the Founder of Instabase, expressed his excitement, stating, "This investment marks a significant milestone for Instabase. We are grateful to our investors for their belief in our vision and their support in driving the future of automation. With this new funding, we will continue to push the boundaries of what's possible, further enhancing our platform and expanding our reach to empower even more organizations worldwide."

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