Ytel Receives Investment from Argentum and Marwit Capital
Summary
Ytel, a Foothill Ranch, CA-based provider of contact center software and embedded real-time communications solutions, received a significant investment from Argentum and Marwit Capital.The amount of the deal was not disclosed.In connection with the investment, Daniel Raynor and Matthew Witte joined Ytel’s Board of Directors.The company intends to us the funds to expand sales, marketing, and engineering efforts.Founded in 2012 and Nick Newsom, CEO, Ytel is a Registered Telephone Carrier offering SaaS-based Contact Center Software (Cloud Contact Center), a Tier 2 SIP network (sipPro), and an API (message360) for web-developers to programmatically enable voice, text, email, and direct mail within any web application.
Funding
Amount
-
Total raised
Date
November 29, 2016
Announcement date
Investors
Marwit Capital Partners
Lead investors
Company
http://www.ytel.com
Funded company
Classifications
industries
Telecommunications
applications
Customer Service & Support
AskAI Classifications
Labels
Contact Center Software
Sales Dialer Software
Communication Software
Linked Companies
Ytel, Inc.
$10M to $25M