Vyopta to Modify Workplace Alliances
Vyopta helps organizations to improve collaboration technology performance, minimize inefficient conference room usage, and reduce the expenses. It recently closed a funding that can help in optimizing the functionality as well as increase the customer success.
FREMONT, CA: Vyopta is among the leading developers of monitoring and analytics tools to optimize workplace collaboration. The company declared the close of $7.5 million Series B funding round by Elsewhere Partners. The funding will be utilized to deepen integrations with other leading collaboration vendors, including Cisco, Microsoft, Zoom, and others. The funding will also support in advancing Vyopta’s ability to optimize collaboration performance, adoption, and ROI, as well as expand its client success and go-to-market groups.
“We don’t just offer a toolset, we deliver a methodology,” said Alfredo Ramirez, President, and CEO of Vyopta Incorporated. “Our commitment to ROI analytics and assurance monitoring extends beyond the software to the service we provide for our customers, as well.”
He further explained that Vyopta ensures transparency and provides valuable insights to clients for leveraging technology investments, raising conference room utilization, and enhancing employee productivity. It is likely to witness accelerated traction with 80 percent growth in innovation and expansion of the business shortly. Working with Elsewhere Partners can help in improving the value that is needed to provide the customers and create a huge company.
Recognized as one amongst the 100 Most Promising Big Data Solution Providers of 2017 by CIOReview, Vyopta optimizes the investments in collaboration technology such as video, messaging, voice, conferencing, and conference rooms, carried out by different organizations. Various large enterprises, including AIG, AstraZeneca, Shared Services Canada, Stanford University, and the US Department of Veterans Affairs make use of its Collaboration Performance Management and Room Insights products.
Elsewhere Partners, a growth-stage endeavor capital firm that invests in business software organizations located outside of traditional venture investment hubs, has gained exceptional customer traction and revenue growth without any significant funding. The dedicated platform helps proven B2B disruptors like Vyopta to scale their businesses efficiently, and the additional growth capital shall help in strengthening the market position in the future. Vyopta comprises of a strong leadership team and tremendous market traction that has helped in becoming a prominent market leader of application performance management for unified communications. To support the accelerated growth plans, Rod Favaron will join the Board as Chairman, who carries an overwhelming experience as CEO from companies like Spredfast and Lombardi Software. Betsy Webb, who has over 18 years of experience at Microsoft, will also join Vyopta’s advisory board to accelerate the company’s Microsoft product and go-to-market initiatives.
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