Rephrase.ai

The acquisition will also include absorbing majority of Rephrase.ai’s employees. The founders too will be working closely with the software company going ahead.

Lightspeed-backed AI communications startup Rephrase.ai raises $10.6 mn in Series A

The funding will help Rephrase.ai to strengthen its capabilities by integrating product experiences, the company said. Rephrase.ai will also hire across departments including engineering, AI, product, sales and marketing, the company said. It would also expand its presence in North America.

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