A French scale-up plans to open offices in three UK cities after raising 拢9 million VC investment.听
Ringover, which听combines unlimited calling, call听centre tools, shared messaging and video conferencing into one听application听for SMEs, has increased听revenues听more than听800%听since 2018.听
More than 10,000 companies now听use its听software,听which integrates with听leading听CRM and听helpdesk tools听鈥� including听Salesforce, Zendesk and Microsoft Dynamics听鈥�听to听boost productivity.听
The Series A investment from听Expedition Growth Capital is the听first time the company has raised venture funding.听听
鈥淐urrently,听Ringover has 90 UK clients in sectors including finance, consulting and eCommerce.听We’re planning to expand quickly by opening an office in London this year,鈥� co-founder and CEO Renaud Charvet told 老九品茶Cloud.听听
鈥淲e are [also] planning to open offices in Manchester and Birmingham. We want to be close to our customers.听
鈥�Ringover听wants to become the ultimate tool for enterprise communications for SMEs in the UK and around the world and having a physical presence in the UK will help strengthen our ability to support UK businesses in their operations.鈥�听
Ringover听is looking to hire 18 people in marketing and sales in the UK in 2021.听
The SaaS software publisher and European听telecom operator was established in Paris by Charvet and chairman Jean-Samuel听Najnudel with a goal to develop user-friendly communication solutions for professional teams.听听
In 2018, after three years of development,听Ringover听transformed the听business phone system from a limited tool into a software product, accessible from听anywhere.听听
The product has become the communication tool of choice for European SMEs with more than 250 million minutes passing through听搁颈苍驳辞惫别谤鈥檚听telecoms equipment annually. Customers听include European tech recruitment platform talent.io听and听digital marketing platform听Sendinblue.听听
The company recently added video calling and instant messaging to the platform.听It says the听integrated VoIP, video, chat and SMS communications solution has revolutionised the way businesses operate their sales and call centre functions thanks to advanced听analytics and productivity听tools.听听
Ringover听is听looking to听grow听its听team by 100听globally as it听expands听its reach in countries such as Spain, the US and the UK.听
鈥�搁颈苍驳辞惫别谤鈥檚听mission is to become a major player in enterprise communications through providing its all-in-one communications solution to SMEs around the world,鈥� said CEO听Charvet.听听
鈥�The past year has demonstrated the need for scalable solutions, accessible anytime and anywhere,听which are integrated with business tools to boost productivity.听听
鈥�We look forward to working with Expedition Growth Capital to bring听搁颈苍驳辞惫别谤鈥檚听tech to more SMEs around the world to assist them in running their businesses in the most efficient way possible.鈥澨�听
Oliver Thomas, founder and听managing听partner at Expedition Growth Capital will join听搁颈苍驳辞惫别谤鈥檚听board of directors.听听
鈥淭his is the first investment from Expedition I, a software specialist growth equity fund, dedicated to partnering with founders like Jean-Samuel and Renaud, who听have patiently built world class products in rapidly growing categories of business software,鈥� he said.听听
鈥�We have been impressed by the value customers derive from the听Ringover听platform, and by its increasing adoption by larger companies. We are delighted that the听Ringover听team has chosen Expedition as their first outside investor and look forward to supporting their continued success.鈥�