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NewVoiceMedia secures $20m Series B funding to fuel international expansion

Published by Gbaf News

Posted on February 6, 2013

2 min read
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NewVoiceMedia Raises $20M in Series B

NewVoiceMedia, the leading provider of Cloud contact centre services, today announced that it has secured $20m funding from new investors Highland Capital Partners Europe and MMC Ventures, as well as existing shareholders Notion Capital and Eden Ventures.Jonathan-Gale

Innovative Cloud Contact Centre Solutions

NewVoiceMedia’s cloud service is instantly deployable and provides unique and patented routing capabilities designed to enhance the customer experience. The company is growing by more than 200% a year and now serves more than 8000 agents in 30 countries including Parcelforce, PhotoBox, QlikTech and SHL.

Funding Accelerates International Expansion

The additional investment will help accelerate the Company’s global ambitions including opening new offices in North America, where the solution is already widely used. Its platform, ContactWorld, integrates natively with salesforce.com Service Cloud and Sales Cloud, enabling customers to quickly and easily deploy world-class contact centres.

Investor Perspectives on Growth Potential

Laurence Garrett who joins the board and is a General Partner at Highland Capital Partners Europe, comments, “We are delighted to become part of the NewVoiceMedia journey. We are working with a seasoned entrepreneurial team led by a great leader in Jonathan Gale. Eden and Notion Capital are great investors who continue to support the Company strongly and the Company has very impressive growth”.

Rory Stirling, Director of MMC Ventures, adds, “We are delighted to begin our investment partnership with NewVoiceMedia. Having experienced fourfold growth between Q1 2011 and 2012, the Company is creating a real success story with its world-leading contact centre service. MMC focuses on backing businesses that can succeed on a global scale and we think that NewVoiceMedia fits this criteria very well”.

CEO Highlights Market Opportunity

Jonathan Gale, CEO of NewVoiceMedia, comments, “The contact centre market has lacked innovation from traditional on-premise vendors for many years. NewVoiceMedia is tapping into the major developments in the technology world, including Cloud Computing, social media and mobile devices, to provide customers with a next generation service. This investment will allow us to continue to innovate ahead of our competition and expand our service globally”.

For further information, please visit www.newvoicemedia.com

 

 

Key Takeaways

  • NewVoiceMedia raised $20m in Series B funding led by Highland Capital Partners Europe and MMC Ventures along with existing investors.
  • The company is experiencing over 200% annual growth and supports more than 8,000 agents across 30 countries.
  • The funding will drive global expansion, particularly new office openings in North America.
  • Their ContactWorld platform integrates natively with Salesforce Service Cloud and Sales Cloud for fast deployment.

References

Frequently Asked Questions

Who led the funding round?
New investors Highland Capital Partners Europe and MMC Ventures led the $20m Series B, joined by existing investors Notion Capital and Eden Ventures.
How fast is NewVoiceMedia growing?
The company is growing at over 200% annually, now serving more than 8,000 agents in 30 countries.
What will the funding be used for?
The investment will support international expansion, including opening new North American offices, and continuing innovation in its cloud contact centre platform.
What is ContactWorld?
ContactWorld is NewVoiceMedia’s cloud contact centre platform that integrates natively with Salesforce Service Cloud and Sales Cloud for rapid deployment.

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