Weave Raises A $15.5M Series B Round For Its Small Business Communication Platform
Weave announced today that it has raised a $15.5 million series B round of funding that’ll enable it to provide updated communication technology to small and medium-size businesses. Led by Crosslink Capital, this Y Combinator alumnus will likely expand beyond its focus on dentistry and orthodontics to other industries.
Providing software that merges your phone, email, text, and tools like your customer relationship management and electronic medical record applications, Weave seeks to make it easier for businesses to be more attentive to their customer needs while maximizing the relationship.
To date, the company counts more than 2,000 dental and orthodontics practices as customers from across the United States and Canada. “Communication platforms are vital to any customer-facing industry, and the SMB market has been woefully left behind as existing solutions are built for Fortune 500-size enterprises,” said Weave chief executive Brandon Rodman. “Today’s funding further supports our vision that unified communication tools can be a reality for today’s successful small businesses.”
Joining Crosslink Capital are Pelion Ventures, Peak Capital, Initialized Capital, and famed NFL quarterback and investor Joe Montana. To date, the company has raised over $20 million in funding, including $5 million in 2014.
Source: VentureBeat, Ken Yeung
PhotWeave (Screenshot)