Wheelings & Dealings: Capital Fuels Growth for Unified Office
August 19, 2014
By Madhubanti Rudra
TMCnet Contributor
Unified Office is a fast growing company focused in cloud-based managed services and unified communication solutions. Purpose-built from the ground up, its Total Connect Now service is designed especially for small and medium-sized businesses (SMBs).
The company recently amassed significant capital from two prominent Boston-area venture capitalists, Bill McCullen and Rick Burnes. McCullen is the chief investment officer at LaunchCapital and Rick Burnes is the co-founder, partner emeritus, and former CEO of Charles River Ventures (CRV).
The communication technology landscape is fast evolving and mobile workforces are on the rise. More and more companies are switching from legacy VoIP and PBX (News - Alert) platforms to unified communication platforms.
Unified Office's managed service platform supports the enterprises in their communication technology up gradation efforts. This simple-to-use and feature-rich offering reportedly leverages the latest in extensible business VoIP communications technology and cloud-based infrastructure to enhance SMB workforce productivity. As it enters a critical juncture in its expansion phase, the company needs to build up capital. The newly acquired fund will no doubt help fuel the growth.
“We are honored to have Rick Burnes and LaunchCapital onboard as our most recent investors,” noted Ray Pasquale, CEO and founder of Unified Office. “Their successes here in New England and across the country speak for themselves. They, along with other key investors and our board of directors together comprise a Who's Who of the high tech industry on the East Coast. We are entering a significant growth phase for our services and view Rick and Bill's involvement as a strong testament to the bright future of our company.”
Edited by Alisen Downey
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