Weave Closes $17M Series B-1 Funding

Weave Communications, Inc., a Lehi, UT-based unified patient communication technology platform, completed a $17m Series B-1 funding.

The round was led by growth equity firm Catalyst Investors with participation from existing investors Crosslink Capital and Pelion Venture Partners. In conjunction with the funding, Catalyst partner Tyler Newton joined Weave’s Board of Directors.

The company intends to use the capital to expand go-to-market efforts and continue product and network development.

Led by Brandon Rodman, CEO and founder, Weave provides voice, SMS, email and marketing services to dental and optometry offices. Its unified communications as a service (UCaaS) product combines VoIP phone service with a customer service application that integrates with customer data from existing practice management software to help manage patient reminders, initiate phone calls, engage in two-way texting, solicit customer reviews and other customer relationship management functions.
The company serves more than 3,600 dentists and optometrists across the country.

FinSMEs

077/09/2017

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