Prezent , a startup that offers an AI-powered presentation builder to enterprises, said today that it has raised $30 million in funding led by Multiplier Capital, Greycroft, and Nomura Strategic Ventures, with participation from existing investors like Emergent Ventures, West Wave Capital, and Alumni Ventures.
The Los Altos, California, startup, which is now valued at $400 million, has raised over $74 million to date . It plans to use the new capital largely for acquisitions.
The company has also made its first acquisition, buying Prezentium, a services-led presentation company that operates in the life sciences vertical. In an unusual arrangement, Prezent founder Rahul Mishra was one of the co-founders of Prezentium. Mishra said that since the beginning of his new startup, he has b