Instead of contracting with one of the many independent information technology (IT) consultancies or building an in-house team of IT professionals, some small and medium-sized businesses are instead opting for a different approach to IT support.
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NYC-based (formerly known as Electric AI) is a provider of real-time IT support services, facilitated through chat. The company offers troubleshooting, system administration, and software maintenance consultation through chat, and can deploy an in-the-flesh expert in situ for specialized work that can���t be facilitated over text.
Today, Electric that it���s raised $25 million ���as part of a Series B��� round, according to a statement the company provided to 蹤獲弝け News. The round was led by ; , which led Electric���s Series A round in March 2018, followed-on in the Series B round announced today.
The round brings some new folks to the company. As part of the transaction, GGV Capital���s managing partner, , joins Electric���s board of directors. He appears to replace Michael C. Brown, founder and managing partner of , who was on Electric���s board as of Series A, which 蹤獲弝け News covered at the time. Bessemer partner Bob Goodman, GP , and CEO remain on the board.
Additionally, the company announces that it���s added a chief operating officer and a VP of sales to its leadership team. Rani Yadev is the new COO at Electric. Previously, she was VP of marketing at meal kit delivery company . David Weiner was brought on as Electric���s VP of sales after scaling the inside sales team at real estate tech upstart .
For now, the expert on the other side of the chat window is more often than not a human. But that will change over time. Back when Electric raised its Series A round, CEO told 蹤獲弝け News that ���about 50 percent of support tickets aren���t about fixing broken things, but doing stuff like setting up an email address, turning on a firewall, or connecting to an enterprise platform.��� Workflows can be established for that sort of routine issue, and be facilitated using AI-backed chat bots.
In a statement, Denehy said that ���This past year has brought exponential growth for Electric and I���m proud to call us the fastest-growing company in our competitive set.��� The company says it now has more than 300 customers and serves the IT demands of over 10,000 of their employees.
Denehy told 蹤獲弝け News that the company earned a ���nine-figure��� valuation in the deal. It���s possible that this is only part of a larger capital-raising campaign by the company.
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