Evolutionary Technologies International

Evolutionary Technologies International is focused on delivering advanced software solutions to improve operational efficiencies. The company, headquartered in Austin, US, has undergone strategic developments over the years. The company was involved in a significant acquisition in May 2008 when it acquired Versata Enterprises, Inc. for an undisclosed sum.Evolutionary Technologies International offers a range of software solutions designed to improve business operations and customer interactions. Their key products include the Khoros platform, which enhances customer relationships through AI analytics, and Eloquens™ AI, aimed at supporting human-AI collaboration in business communications. Additionally, they provide mypersonas for Jive AI, which facilitates improved human-AI interactions, and StreetSmart AI for optimizing field management.The company generates revenue through subscription-based models and strategic partnerships, offering its flagship products under annual or multi-year licensing agreements. These agreements provide clients with ongoing access to software updates and support.Evolutionary Technologies International plans to launch new products aimed at further enhancing its software offerings, targeting specific features to be released in the near future. The company has set sights on expanding into European and Asian markets over the next two years.50 mn will be utilized to support these initiatives, facilitating the development of new software solutions and the expansion into new geographic territories.

1. Series A

   Mar 6, 2006

   Amount

   $6.5M

   Investors

   Locked