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3CLogic Secures Investment from Recurring Capital Partners to Support Growth and Expansion

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Rockville, MD, USA, April 6, 2021 -- 3CLogic, voice-enabling solution and cloud contact center platform, announced the extension of a SaaS credit facility from Recurring Capital Partners to support its continued global growth in 2021. The line will be used to accelerate investments in sales, marketing, and product development.

"We are thrilled to be partnering with Recurring Capital as we continue to grow domestically and internationally," states Denis Seynhaeve, Chief Executive Officer at 3CLogic. "It’s yet another tremendous endorsement of both our product and go-to-market strategy as the voice-enabling solution for leading CRM and Service Management platforms, such as ServiceNow."

"Enterprises are rapidly transitioning legacy systems to modern cloud workflow systems while adopting Voice AI in order to deliver a better customer experience. We see a large opportunity for 3CLogic," said Brian Henley, Managing Partner of Recurring Capital Partners. "We were very impressed with the company’s business model and strong metrics. We look forward to working with the team and helping them grow to the next level."

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

Date Posted: Wednesday, April 7, 2021



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