Fenwick Represents Sanas in $65 Million Series B Funding

Fenwick represented Sanas, provider of the world’s first Real-Time Speech Understanding Platform, in its $65 million Series B funding. The round was led by Quadrille Capital with participation from existing investors Insight Partners, Quiet Capital, and DN Capital. Teleperformance (TP) also became a new strategic partner.

Sanas will use the funds to expand Sanas' overall Speech Understanding AI Platform by launching additional speech-to-speech algorithms, entering new geographies, and broadening its use cases to industries beyond contact centers. More information can be obtained from the company announcement.

The Fenwick transaction team was led by corporate partners Evan Bienstock and Jonathan Sagot and included associates Kristen Nicol, Kasey Wang, and Itka Safir.