Convoq Closes $13M Growth Round Led by Silicon Valley-based Bay Partners
Summary
The round was led by Bay Partners, a Cupertino, Calif.-based early-stage venture capital firm active in wireline, wireless and enterprise software and services, which has funded over 250 companies including Informatica, Digital Island, Brocade Communications, and WebLogic. "We invested in Convoq because of its experienced management team and its tremendous potential to deliver deep, real time collaboration value to high margin commerce transactions and to CRM solutions," said Chris Noble, general partner, Bay Partners, who has also joined Convoqs board of directors. The companys comprehensive ASAP suite is designed for sales, marketing, training and support departments. "This vote of confidence confirms our vision of becoming a major applications company delivering communication and collaboration software as a service," said Chuck Digate, Convoq president and CEO. Convoq, Inc. is an innovative provider of online communication and collaboration applications focusing on the CRM market.
