iKala, a Taiwanese startup that provides an artificial intelligence-based customer acquisition and engagement platform, will expand into new Southeast Asian markets after raising a $17 million Series B. The round was led by Wistron Digital Innovation Holding Business, the financial investment arm of the electronics producer, with participation from returning financiers Hotung Financial investment Holdings Limited and Pacific Endeavor Partners. It brings iKala’s overall raised so far to $30.3 million. The brand-new financing will be utilized to launch in Indonesia and Malaysia, and expand in markets where iKala currently runs, consisting of Singapore, Thailand, Hong Kong, the Philippines, Vietnam and Japan. Wistron Digital Technology Holding Business, which also uses big information analytics, will serve as a strategic investor, and this likewise marks the Taiwanese firm’s entry into Southeast Asia.

iKala’s items are targeted toward e-commerce business, and include KOL Radar, for influencer marketing, and Shoplus, a social commerce service focused on Southeast Asian markets.

In a statement about the financing, iKala board member Lee-feng Chien, former managing director at Google Taiwan, stated, “Taiwan has an exceptional credibility for having a few of the best high tech skills in both hardware and software around the region. With Wistron as a strategic partner, iKala can become a major driving force for transforming Taiwan into an < a class="crunchbase-link"href="https://crunchbase.com/organization/ai"target="_ blank"data-type="organization" data-entity =”ai”> AI industry and talent hub in Asia

.”While Taiwan’s technology industry is best-known for hardware, especially semiconductor producers like Foxconn and TSMC, a new crop of startups are helping the nation establish a credibility for AI prowess.

In addition to iKala, these include Appier, which also provides a customer analytics, and enterprise translation platform WritePath. Big American tech business, consisting of Amazon, Google and Microsoft, have actually likewise set up AI-focused research and development centers in Taiwan, making use of the country’s engineering talent and federal government programs.

Article curated by RJ Shara from Source. RJ Shara is a Bay Area Radio Host (Radio Jockey) who talks about the startup ecosystem – entrepreneurs, investments, policies and more on her show The Silicon Dreams. The show streams on Radio Zindagi 1170AM on Mondays from 3.30 PM to 4 PM.