Unified communication firm, ThingkingPhones announced a new corporate brand, Fuze. It also announced that it has secured $112 million in financing in a funding round led by Summit Partners, bringing the company’s total funding to $200 million.
The Boston-based firm provides enterprises seamless business productivity through its voice, video, text, and collaboration apps and unified communications as a service (UCaaS) platform that delivers insights across enterprises with mobility-enabled and analytics-driven business communications.
The new capital will be used to expand global operations and to support continued investment in innovation, with a specific focus on simplifying enterprise communications, said the company.
Steve Kokinos, CEO & Co-Founder, Fuze
Enterprises of all sizes are benefiting from new business processes and workflows associated with cloud-based communications platforms. This new investment will enable Fuze to expand geographically and accelerate our innovation to address global demand in the UCaaS, video conferencing, and web collaboration markets.
