Known for delivering one of the world's most popular unified communications platforms, Fuze has earned their reputation boosting productivity in the enterprise. They support businesses in achieving their communication goals, unlocking flexible conferencing, and accessing always-on collaboration. Today, they announced a recent financing round of $150 million, dedicated entirely to product innovation, and the global expansion of the company.
Apparently, this latest funding round was led by Summit Partners, with additional participation from numerous other investors like Bessemer Venture Partners and more. This means that Fuze's total funding today stands at an impressive $484.8 million.
Moving Forward with Momentum
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Colin Doherty, CEO, Fuze[/caption]
According to the CEO for Fuze, Colin Doherty, the business has lots of opportunity for growth currently, thanks to the launch of the new 5.0 platform, and Fuze Web. The additional investment will ensure that Fuze can continue to grow at rapid speed, bringing more innovation into the marketplace.
If you've been keeping up with the company in the news, then you'll already know how much effort Fuze has put into boosting innovation in new products over the last year or so. As well as the 5.0 launch in May, Fuze announced in March that they had joined with AppNeta to create their Real-Time network monitoring service, providing Fuze customers with a complete overview of network performance.
Fuze Positioned for Leadership Growth
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Bruce R. Evans, Former Managing Director, Senior Advisor at Summit Partners[/caption]
