Kronologic Acquired by East11 Ventures: A New Era of Growth and Innovation in AI Schedule Orchestration | Martech Edge | Best News on Marketing and Technology
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Kronologic Acquired by East11 Ventures: A New Era of Growth and Innovation in AI Schedule Orchestration

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Kronologic Acquired by East11 Ventures: A New Era of Growth and Innovation in AI Schedule Orchestration

Kronologic Acquired by East11 Ventures: A New Era of Growth and Innovation in AI Schedule Orchestration

PR Newswire

Published on : Aug 8, 2024

Kronologic, renowned for its innovative solutions in AI-driven customer engagement and schedule orchestration, has been acquired by East11 Ventures, a prominent private equity and venture capital firm based in Austin, Texas. This strategic acquisition signals a significant advancement for Kronologic, setting the stage for accelerated growth and enhanced product offerings.

  • Strategic Acquisition and Growth Prospects:

    • Partnership Benefits:
      • The acquisition by East11 Ventures provides Kronologic with valuable resources, strategic guidance, and expertise to boost its growth trajectory.
      • This partnership is poised to advance Kronologic’s mission of improving AI-enabled customer engagement and schedule coordination.
    • Future Plans:
      • The collaboration aims to enhance Kronologic’s product offerings and expand its market reach, leveraging East11 Ventures' support.
  • Kronologic’s Impact and Reputation:

    • Innovative Solutions:
      • Since its inception in 2018, Kronologic has been a trailblazer in B2B sales, offering AI-driven solutions for scaling customer engagement and optimizing meeting coordination.
      • The company has built a strong reputation for understanding customer operations and providing valuable solutions across various industries, including construction and cybersecurity.
    • Customer Base and Industry Presence:
      • Kronologic’s dedication to excellence has garnered a loyal global customer base and recognition in diverse sectors.
  • Statements from Key Executives:

    • Ben Parker, Co-Founder and CEO of Kronologic:
      • Expressed enthusiasm about the acquisition, highlighting the opportunity to enhance value for customers and partners through the partnership with East11 Ventures.
    • Peter Franklin, Founder and Managing Partner at East11 Ventures:
      • Praised Kronologic’s success and commitment to excellence, expressing confidence that the acquisition will unlock new growth opportunities and drive innovation.

The acquisition of Kronologic by East11 Ventures represents a pivotal moment for the company, opening doors to expanded growth and innovation in AI-enabled customer engagement and schedule orchestration. With the backing of East11 Ventures, Kronologic is well-positioned to elevate its offerings and continue its mission of transforming customer interactions through advanced technology.