What is Virsae?
Virsae specializes in providing cloud-based applications designed to manage unified communications and call center environments. The company has strategically expanded its market reach through significant re-sales agreements with major international technology providers such as Arrow Electronics subsidiary Arrow SI, California-based Altura, and UK-based Azzurri Communications. Furthermore, Virsae has partnered with 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 prominent government agencies, large manufacturers, retailers, and insurance provider IAG. Virsae's primary focus remains the global Unified Communications Services Management market, a sector 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?
The substantial enterprise-level investment positions Virsae for accelerated growth and market penetration within the competitive global Unified Communications Services Management landscape. Future strategic initiatives are likely to involve further expansion of its reseller network, enhancement of its cloud-based application suite, and deepening relationships with key technology partners. This capital infusion will be critical in solidifying Virsae's presence in its target markets and capitalizing on the estimated US$2 billion market opportunity.
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