EdGE Networks raises $4.5M funding led by Kalaari Capital
EdGE Networks plans to use the funds raised to strengthen its core product offerings for workforce optimization and talent acquisition as well as for geographical expansion.
The company said it plans to use the funds raised to strengthen its core product offerings for workforce optimization and talent acquisition as well as for geographical expansion.
“This funding will allow us to strengthen our technology, expand our team and move forward to realize our global ambitions,” said Arjun Pratap, founder and CEO of EdGE Networks.
“AI-driven solutions are fast taking main-stage in solving real problems faced by enterprises and opening up opportunities for step changes in business processes and cost innovations. EdGE Networks is at the forefront of AI-led HR innovation and we are excited to partner with them on their journey.” said Sumit Jain, Partner at Kalaari Capital.
Siddhartha Das, General Partner at Ventureast said “Workforce optimization and right talent acquisition are critical for success in an increasingly tech-driven environment. The team at EdGE are building an AI-driven solution to address the future challenges in HR management.”
EdGE Networks has developed tech-driven human resource (HR) solutions for talent acquisition and workforce management by harnessing artificial intelligence, data science, analytics, and machine learning. The company’s customers include like Wipro, HCL, and Virtusa among others.
In May, EdGE Networks was selected by Google as one of 6 companies from India for its 2017 Launchpad Accelerator program in San Francisco.