LivePerson has sold Kasamba to Ingenio, a portfolio company of Alpine Investors and owner of over 30 global marketplace and media platforms focused on lifestyle, spiritual, and emotional wellness. Rob LoCascio, CEO of LivePerson, said, "LivePerson acquired Kasamba in 2007 when LivePerson was the leader in B2B chat and seeking to expand its reach to individuals who run service-based businesses such as tech support, tutoring and spirituality. We now sit at the forefront of Conversational AI for the enterprise market with a laser focus on empowering enterprises to harness and leverage proprietary data and Large Language Models. This was a great time to find a new home for Kasamba, and Ingenio is the ideal acquirer. We are grateful to the Kasamba leadership team, dedicated employees, and partners for being such a valued part of LivePerson over the years."
Published first on TheFly
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