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Veritone Closes Acquisition Of Broadbean

PUBLIC · VERIJun 14, 2023

Acquiring Company

Veritone

Acquired Company

Broadbean

IrvineUnited KingdomSoftwareArtificial IntelligenceAnalyticsMachine LearningNatural Language ProcessingBig Data

Description

Veritone, Inc. (NASDAQ: VERI) (“Veritone” or the “Company”), a leader in enterprise AI software and services, today announced it has closed the acquisition of Broadbean, a global leader of software as a service (SaaS) technology that makes talent acquisition and engagement more efficient, from CareerBuilder.

Quick answer

Veritone is acquiring Broadbean, announced June 14, 2023. Veritone is based in Irvine, California, United States.

How much did Veritone pay for Broadbean?
The deal value was not disclosed.
What does Veritone do?
Veritone, Inc. operates in the artificial intelligence and technology industry, focusing on advanced AI solutions that transform unstructured data into actionable insights.
Where are Veritone and Broadbean based?
Veritone is based in Irvine, California, United States. Broadbean is based in United Kingdom.
Who are the decision-makers at Veritone?
Fundz holds 2 contacts at Veritone. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Veritone

Location

Irvine, California, United States

About

Veritone, Inc. operates in the artificial intelligence and technology industry, focusing on advanced AI solutions that transform unstructured data into actionable insights. The company provides a range of products and services including its aiWare platform, which enables organizations to harness the power of AI for data processing and analytics across various media types. Geographically, Veritone serves a diverse customer base primarily in North America, while also exploring global markets. As a publicly traded company, Veritone continues to grow through strategic partnerships and innovation, recently emphasizing the integration of machine learning to optimize its services and enhance customer engagement.

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Frequently asked

Who acquired Broadbean?

Broadbean was acquired by Veritone, based in Irvine. The deal was reported on June 14, 2023. Veritone, Inc. operates in the artificial intelligence and technology industry, focusing on advanced AI solutions that transform unstructured data into actionable insights. Veritone is publicly traded (VERI) and operates in Software.

When did Veritone acquire Broadbean?

Veritone's acquisition of Broadbean was reported on June 14, 2023. Veritone, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Broadbean do?

Broadbean is the company acquired in this transaction. It is privately held, and is based in United Kingdom.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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