Partnership: Cyara | PeakSpan
Cyara
Cyara is a agentic and AI-enabled customer experience assurance platform for contact centers. It helps organizations test, monitor, and improve automated and live customer interactions across voice and digital channels. By identifying issues before customers encounter them, Cyara supports more reliable and effective customer service operations.
Entrepreneur(s)
- Alok Kulkarni
- Luan Tran
- Bonny Malik
Sector(s)
- Customer Experience Management
- Cybersecurity & Digital Infrastructure
Investment Team
Investment
$27M Series A
Location
Redwood City, CA
Status
Active
Partnership
What is great about PeakSpan is that they bring in insights from what they have seen in other portfolio companies, and help you accelerate what needs accelerating.
- James Isaacs, Former President of Cyara
FOUNDED 2006
Partnered 2015, $27M Series A
CURRENT STATUS: $350M PE Recap, 5x Revenue Growth
IMPACT & VALUE CREATION
Executive Hiring
Supporting key hires
Assisted with the complete build out of the leadership team, including hiring the Company's President, CFO and CMO.
Business Model Transition
Business and revenue model evolution to maximize value
Collaborated with the team to accelerate the migration from perpetual license to SaaS (recurring) revenue. The result was migrating SaaS from a few percentage points at initial partnership to 80%+ today.
INSIGHTS & PRESS
Partnership News
Cyara Launches Agentic Testing to Help Enterprises Deploy AI Agents With Confidence
Explore this Resource March 31, 2026
Cyara Appoints Sushil Kumar as CEO to Extend Enterprise AI Customer Experience (CX) Leadership
Explore this Resource December 8, 2025
Cyara Unveils Next-Gen Platform for Assuring CX Across Voice, Digital, and AI Channels with Expanded Coverage in 100+ Countries
Explore this Resource April 3, 2025
Cyara Unveils Innovative GenAI Solutions to Drive Excellence in Customer Experience
Explore this Resource December 10, 2024
Cyara Appoints Rishi Rana as the New CEO
Explore this Resource October 31, 2024
Cyara Announces Appointment of Raj Gupta as Chief Technology Officer
Explore this Resource September 25, 2024
Cyara Wins Silver Stevie® Award in 2024 International Business Awards®
Explore this Resource August 20, 2024
Cyara Ranks on the 2024 Inc. 5000
Explore this Resource August 14, 2024
Investment Team
Phil Dur
Co-Founder & Managing Partner
Matt Melymuka
Co-Founder & Managing Partner
Sanket Merchant
Partner