CallMiner, Inc. announced that it has received $16.541 million in funding from NewSpring Capital, Sigma Partners, Intersouth Partners, Hamilton Lane Advisors, and other investors.

On January 6, 2016, CallMiner, Inc. closed and amended the terms of the transaction. The company issued 2,141,328 series D-1 convertible preferred shares at a price of $2.802 per share and 5,162,365 series D convertible preferred shares at a price of $2.042 per share for the gross proceeds $16,541,550.3860 in funding from ten investors. The series D-1 will be convertible into common shares at a price of $2.802 per share and series D will be convertible into common shares at a price of $2.042 per share.

The shares are redeemable. The round was raised at post money valuation of $77,985,012.