Ytel, a Foothill Ranch, CA-based provider of contact center software and embedded real-time communications solutions, received a significant investment from Argentum and Marwit Capital.
The amount of the deal was not disclosed. In connection with the investment, Daniel Raynor and Matthew Witte joined Ytel’s Board of Directors.
The company intends to us the funds to expand sales, marketing, and engineering efforts.
Founded in 2012 and Nick Newsom, CEO, Ytel is a Registered Telephone Carrier offering SaaS-based Contact Center Software (Cloud Contact Center), a Tier 2 SIP network (sipPro), and an API (message360) for web-developers to programmatically enable voice, text, email, and direct mail within any web application.