Florida-based wholesale voice and UCaas provider Viirtue has revealed it will receive $10.8 million in Series A funding.
The investments will come from later-stage venture capital and growth equity fund Ballast Point Ventures IV (BPV) to expand Viirtue’s innovative ViiBE platform.
“We are thrilled to have the support of Ballast Point Ventures as we continue to fulfill our mission to digitise channel partners and resellers,” said Daniel Rosenrauch, co-Founder of Viirtue. He added:
“Since launching, our mission has been to provide our customers with the best possible tools and services to succeed in a rapidly evolving market.”
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Viirtue’s unique all-in-one, quote-to-cash software and reseller dashboard provides turnkey sales, quoting, tax automation, marketing and online learning tools to transform agents and value-added resellers into digital service providers.
ViiBes’s features include:
- Fully unified communication suite and hosted PBX
- Simplified tax processing
- Brand invoices to clients for their usage and appropriate taxes
- Users can order carrier services from their dashboard
- Collaborative quoting for efficient quotes
- Automated onboarding process for easy account setup
According to the firm, the cloud-native, optimised digital procurement and fulfilment ViiBe software has already proven popular with partners. The VoIP & UCaaS Reseller platform allows service providers to run a turnkey business without any other vendors. The latest financial injection will permit Viirtue to accelerate its growth and market adoption.
Sean Barkman, Partner at Ballast Point Ventures, remarked: “We are excited to partner with Viirtue to support the development and growth of ViiBE. Speaking about the firm’s place in the market, Barkman stated:
“Viirtue is at the forefront of a rapidly evolving market, and we believe the company is well-positioned to continue its growth trajectory. We look forward to partnering with another great local Tampa company.”
