What is Virsae?
Auckland-based Virsae specializes in delivering cloud-based applications designed to manage unified communications and call center environments. The company has been actively expanding its market reach through strategic re-sales agreements with major international technology providers. Notable partnerships include those with Arrow Electronics subsidiary Arrow SI, California-based communications provider Altura, and UK-based Azzurri Communications. Virsae has also engaged global distributor Westcon Group to facilitate the distribution of its Virsae Service Management solution to resellers across Europe, the US, the Middle East, Singapore, Australia, and New Zealand. Its client base includes government agencies, large manufacturers, retailers, and insurance provider IAG. Virsae is targeting the global Unified Communications Services Management market, estimated to be worth approximately US$2 billion.
How much funding has Virsae raised?
Virsae has raised a total of $3M across 1 funding round:
Private Equity
$3M
Private Equity (2016): $3M, investors not publicly disclosed
What's next for Virsae?
With a significant enterprise-level funding context, Virsae appears to be in a scaling phase, poised for aggressive expansion within the global Unified Communications Services Management market. The recent undisclosed funding, coupled with established re-sales agreements and distribution partnerships, indicates a strategic push to capture a larger market share. Future growth will likely involve further strengthening its international presence, enhancing its cloud-based application suite, and potentially exploring new strategic alliances to solidify its position against competitors in this burgeoning sector.
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