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corvisa.com

Stage

Acquired - II | Acquired

Total Raised

$30M

Valuation

$0000 

About 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.

Corvisa Headquarter Location

1610 N. 2nd Street Suite 101

Milwaukee, Wisconsin, 53212,

United States

877-487-9256

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Latest Corvisa News

ShoreTel lowers revenue guidance to 21-24% growth due to hiccups in Corvisa integration

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:

  • 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 Europ@web, J.P. Morgan Chase & Co., Morgan Stanley, Chase H&Q, J & W Seligman and 4 more.

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