CorvisaCloud Secures $30 Million in Funding
23 Abril 2014 - 10:00AM
Marketwired
CorvisaCloud Secures $30 Million in Funding
Additional Capital Will Fuel Growth for Cloud Communications
Provider
MILWAUKEE, WI--(Marketwired - Apr 23, 2014) - Cloud-based
communications provider, CorvisaCloud, LLC., today announced that
it has secured $30 million in funding from parent company Novation
Companies, Inc. (OTCQB: NOVC). The additional capital will be
devoted to expanding CorvisaCloud's sales, marketing and
operational development efforts and potential acquisitions. The
funds will also be used to accelerate product development and
customer acquisition of CorvisaCloud's CorvisaOne™ contact center
software products and platform.
"CorvisaCloud is experiencing strong momentum in the cloud
contact center arena and as a result, we believe the time is now to
take this company to the next level," said Lance Anderson, CEO,
Novation Companies. "The additional funds will drive substantial
enterprise value while helping propel operations and allowing us to
look at potential acquisitions. We look forward to accelerating
CorvisaCloud's initial success and building upon its increasing
roster of globally recognizable brand name clients."
"This infusion of capital from Novation arrives at the perfect
time as we make our mark in the cloud communications space," said
CorvisaCloud President Matt Lautz. "Novation clearly recognizes the
significant market opportunity and this additional funding is a
great vote of confidence in CorvisaCloud's vision, value and
future."
Businesses of all sizes are increasingly migrating their IT
operations to the cloud. Contact centers are a key part of customer
service, but powering and maintaining legacy systems is expensive
and the data can be difficult to collect and manage. According to
DMG Consulting's Cloud-Based Contact Center Infrastructure Market
Report, more than 62% of organizations were using some type of
cloud-based contact center solution as part of their operation in
September 2013, and approximately half (45.6%) of the organizations
that are not yet using cloud-based contact center solutions are
planning to move in this direction in the next 18 months.
Founded in 2011, CorvisaCloud offers a cloud-based
communications suite, including inbound and outbound contact center
solutions, business phone systems (PBX) and robust platform
customization options. Its cloud-based solutions remove the upfront
costs and high maintenance associated with on-premise legacy
solutions, offering immediate scalability and broader
flexibility.
CorvisaCloud's products have helped businesses of all sizes gain
operational efficiencies, improve customer service and lower costs.
Companies such as Direct Buy and Heartland Payment Systems use
CorvisaCloud's technology to streamline workflow and deliver the
best customer experience possible.
About CorvisaCloud CorvisaCloud brings customer success to the
heart of every business interaction through our cloud-based
communications software platform and consulting services. We help
businesses work smarter, save money, and make customers happier...
and with our passion for service, we make getting there an
enjoyable experience.
Media Contact: Nicole Plati for CorvisaCloud Email Contact
415/963-4174 ext. 39
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