Vyopta, an Austin, Texas-based developer of monitoring and analytics tools to optimize workplace collaboration, closed a $7.5m Series B funding.
The round was by Elsewhere Partners.
The company intends to use the funds to deepen integrations with collaboration vendors including Cisco, Microsoft, Zoom and others, advance its platform’s ability to optimize collaboration performance, adoption and ROI, and expand its customer success and go-to-market teams.
Led by Alfredo Ramirez, CEO, Vyopta is a provider of monitoring and analytics tools to optimize workplace collaboration. By monitoring conference room utilization and video, voice, and messaging technology from Cisco, Microsoft, Zoom, Poly, BlueJeans, Pexip, and more, the solution allows companies to improve collaboration technology performance, reduce inefficient conference room usage, and lower costs. Its products are used in over 20 industries by the largest enterprises and managed service providers in the world including AIG, AstraZeneca, Shared Services Canada, Stanford University, and the US Department of Veterans Affairs.
To further support Vyopta’s accelerated growth plans, Rod Favaron, who brings decades of operating experience as CEO of several companies including Spredfast and Lombardi Software, will join the Board as Chairman.
In addition, Betsy Webb will join Vyopta’s advisory board. With over 18 years of experience at Microsoft, including serving as general manager of unified communications, Webb will help the company accelerate its Microsoft product and go-to-market initiatives.