The Jerusalem PostTech
Israeli AI Training Startup Bites Secures $40 Million Series A Funding
Summarized from The Jerusalem Post by baba
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Israeli employee training startup Bites has raised $40 million in a Series A funding round led by PeakSpan Capital. The company utilizes an AI platform to deliver training videos to "deskless" workers via WhatsApp and Teams. Funds will support expansion in Israel, AI development, and sales growth. Bites' clients include Unilever and Coca-Cola, and it was founded in 2020.
The story in 6 lines · by baba
- Bites, an Israeli AI training startup, raised $40 million in a Series A funding round.
- The round was led by American venture capital firm PeakSpan Capital.
- The company's AI platform delivers training videos to "deskless" workers via WhatsApp and Teams.
- Funds will be used to expand the development center in Israel and enhance the AI engine.
- Major clients include Unilever, Coca-Cola, and Shake Shack.
- Bites was founded in 2020 by Eran Heffetz, Tal Nagler-Almog, and Hagai Horovitz.
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