Concur invested $2 million in natural-language search provider Evature's Expert Virtual Agent, - Business Travel News

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November 12, 2012 - 01:05 PM ET

Concur invested $2 million in natural-language search provider Evature's Expert Virtual Agent, with plans to integrate the technology with Concur solutions, according to Concur. The investment is from a $150 million "Concur Perfect Trip Fund" established to "invest in and nurture emerging companies in the travel and expense cloud," according to the company. "We're leveraging our balance sheet to foster innovation and nurture game-changing technologies," said Concur chairman and CEO Steve Singh.

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