Cytracom, a Dallas, TX-based provider of cloud-based voice and messaging solutions built exclusively for Managed Service Providers (MSPs), received a majority investment from Sverica Capital Management.
The amount of the deal was not disclosed. In conjunction with it, Frank Young, General Partner at Sverica, along with Michael Dougherty, Vice President at Sverica, will join Cytracom’s board of directors.
The investment allows the company to accelerate growth and investments into its channel offerings that provide MSPs the tools to sell, support and manage the communication needs of their clients.
Today, more than two thousand managed service providers (MSPs) across North America partner with Cytracom. Cytracom plans to accelerate growth
Led by Zane Conkle, co-founder and CEO, Cytracom provides a voice and messaging platform built on cloud-based technology tailored to small business needs. New purpose-built integrations, features and offerings planned for MSPs in 2020 will further simplify delivery of the service to their customers.