Rasa Raises $30 Million Series C
San Francisco – February 14, 2024 – Cooley advised Rasa, a leading generative conversational artificial intelligence platform, on its $30 million Series C financing. Lawyers Matthew Bartus and Emily Iannarelli led the Cooley team advising Rasa.
The financing was co-led by StepStone Group and PayPal Ventures, with participation from Andreessen Horowitz (a16z), Accel and Basis Set Ventures. The proceeds will accelerate Rasa’s lead in the market, fuel its drive to redefine what is possible for businesses using generative AI-powered chat and voice platforms at scale, advance its technological leadership, and strengthen its market presence. The new funding also will allow Rasa to continue growing its team, which is dedicated to reshaping the future of AI assistants.
About Cooley LLP
Clients partner with Cooley on transformative deals, complex IP and regulatory matters, and high-stakes litigation, where innovation meets the law.
Cooley has more than 1,300 lawyers across 19 offices in the United States, Asia and Europe, and a total workforce of nearly 3,000.
Related contacts
This content is provided for general informational purposes only, and your access or use of the content does not create an attorney-client relationship between you or your organization and Cooley LLP, Cooley (UK) LLP, or any other affiliated practice or entity (collectively referred to as “Cooley”). By accessing this content, you agree that the information provided does not constitute legal or other professional advice. This content is not a substitute for obtaining legal advice from a qualified attorney licensed in your jurisdiction and you should not act or refrain from acting based on this content. This content may be changed without notice. It is not guaranteed to be complete, correct or up to date, and it may not reflect the most current legal developments. Prior results do not guarantee a similar outcome. Do not send any confidential information to Cooley, as we do not have any duty to keep any information you provide to us confidential. This content may be considered Attorney Advertising and is subject to our legal notices.