Corvisa
Stage
Acquired - II | AcquiredTotal Raised
$30MValuation
$0000About Corvisa
CorvisaCloud is a call center communications technology company that provides a suite of cloud-based business solutions, including interactive voice response, automated call distribution, automated dialing and secure call recording. CorvisaCloud's full call center replacement solution allows for the elimination of legacy on-premise phone systems and includes integration to multiple leading CRM and operational management platforms. The company's fully hosted and highly scalable solutions help to eliminate the barrier of upfront expenditures that prohibit many call centers from implementing their ideal voice communications platform.
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Latest Corvisa News
May 23, 2016
Reprint ShoreTel, a supplier of UC solutions to major telcos like AT&T ( NYSE: T ) and Frontier, has lowered its 2017 hosted revenue growth from 30 percent to the 21-24 percent range as it sees speed bumps with integrating Corvisa into its portfolio. Don Joos, president and CEO of ShoreTel, said that its M5 Australia acquisition is on track, but the Corvisa deal has driven it to realign its previous growth forecasts. "While the integration of the M5 Australia acquisition is continuing as expected, certain aspects of the business integration and revenue ramp associated with the Corvisa acquisition are not progressing as originally anticipated and are thus impacting our previous near term assumptions," Joos said in a release. In late December 2015, ShoreTel acquired Corvisa for $8.5 million , a deal the company said enhanced its unified communications capabilities. The deal later closed in January. Upon announcing the Corvisa purchase, ShoreTel forecast fiscal 2017 hosted revenue growth of about 30 percent. The company did not indicate what the issues were related to this acquisition, but more light could be shed during today's J.P. Morgan TMT Conference. For more:
Corvisa Frequently Asked Questions (FAQ)
Where is Corvisa's headquarters?
Corvisa's headquarters is located at 1610 N. 2nd Street, Milwaukee.
What is Corvisa's latest funding round?
Corvisa's latest funding round is Acquired - II.
How much did Corvisa raise?
Corvisa raised a total of $30M.
Who are the investors of Corvisa?
Investors of Corvisa include ShoreTel and Novation Companies.
- Predict emerging trends
- See competitors' playbooks
- Stalk the smart money
- Identify tomorrow's challengers
- Spot growing industries
- Kill analyst data work
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