Arago Secures $55M From PE Firm KKR To Automate Enterprise IT

KKR, a private equity firm, is investing about $55 million in Arago AG, a company which develops artificial-intelligence software that companies can use to cut costs. The Germany based company is headed up by tech-legend Chris Boos and Dr. Bernhard Walther. The main competitor to Arago is IPSoft. Boos says the market opportunity is of $1.2 trillion. Arago main product is… Read More