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Montrouge, France, Jan 25, 2021 -- Ringover, a cloud communication platform for businesses, has raised money in a series A round of funding, the first outside funding in its 16-year history. The company said the funding, which comes from Expedition Growth Capital, will help it "power the future of enterprise communication."

Founded out of Paris in 2005, Ringover is one of several companies aiming to replace legacy contact center and business phone systems with a SaaS-based cloud incarnation that offers voice, video, messaging, and SMS communications for teams, as well as tools for managing inbound and outbound customer communications.

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"Most B2B tools are moving to the cloud — the business phone system is not an exception to this trend, however this move has been accelerated with the pandemic," Ringover cofounder and CEO Renaud Charvet told VentureBeat. "People aren’t based in physical office and call center spaces with access to a physical work phone or desktop software, so being able to carry out all the same tasks and workflows on a remote digital platform is a priority for businesses, and investors are seeing that growth potential."

With the money in the bank, Ringover said it plans to roll out new features, expand its team, and expand into the U.S. where it will start selling for the first time in 2021.

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Posted by Veronica Silva Cusi, news correspondent
Source: https://venturebeat.com

Date Posted: Wednesday, January 27, 2021