Linq Secures $20M Funding to Propel AI Assistants in Messaging Apps
- Funding Background: Linq has secured $20 million in Series A funding, led by TQ Ventures with participation from Mucker Capital and angel investors, marking a pivotal shift from digital business cards to becoming the essential infrastructure layer for programmatic messaging, which is expected to significantly enhance its market competitiveness.
- Technological Evolution: By developing an API that allows businesses to send messages natively within iMessage, leveraging all platform capabilities, Linq doubled its annual recurring revenue within eight months, demonstrating strong product-market fit and solidifying its position in the business communication sector.
- Surge in Market Demand: The success of the AI assistant Poke has led to a surge in requests for Linq's messaging API, with customer accounts growing by 132% in the last quarter and reaching 134,000 monthly active users, indicating a strong market desire for seamless AI assistant integration, driving the company's strategic pivot.
- Future Expansion Plans: Linq plans to utilize this funding to support team expansion, technology enhancement, and international market development; despite the risks associated with reliance on Apple's platform, its vision is to build a comprehensive conversational technology platform to meet the growing market demand.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for AI
Technical Sentiment Analysis for Sleepless AI (AI) As of , Sleepless AI (AI) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for AI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, AI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Sleepless AI (AI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00939 | 0.0149 | 0.0201 | 0.0256 | 0.0308 | 0.0363 | 0.0415 |
| Fibonacci | 0.0149 | 0.019 | 0.0215 | 0.0256 | 0.0297 | 0.0322 | 0.0363 |
About AI
About the author
