Welcome!

News Feed Item

Weave Secures $5 Million in Funding

Series A Round Will Support Company Growth as SMB Demand for More Effective Phone Systems Grows

PLEASANT GROVE, UT -- (Marketwired) -- 06/11/14 -- Weave, the modern phone company for small and medium businesses (SMBs) that syncs with existing CRM and EMR software, today announced it has raised $5 million in Series A funding to support the company's rapid growth and accelerate product innovation. The round was led by A Capital, and joined by a number of other investors, including Homebrew, Fuel Capital, SV Angel, Y Combinator and Initialized Capital.

"Our investment in Weave represents a steadfast commitment to supporting innovative ideas that hold tremendous potential to disrupt an entire market," said Ronny Conway, managing partner, A Capital. "With its innovative communication system designed for markets long overlooked, Weave is proving itself a pioneer that is quickly making its mark on the industry."

These funds come at a time of exponential growth for Weave, a company that understands the specific pain points SMBs experience with traditional, marquee-name communication services. In the past month alone, Weave's customer base jumped 30 percent, prompting the addition of personnel to support new and existing customers in Weave's initial market of focus, the dental industry. Aside from these new hires, proceeds from this round of funding will be used to expand Weave's sales and marketing efforts to meet the increasing demand for its software. The money will also be used to develop new innovations to further differentiate itself in the market.

More than 600 dental practices across the United States and Canada have discovered Weave as a means to more effectively communicate with their patients and streamline office operations. The only phone and text service designed for SMBs in dentistry, Weave's communication software links to a dental practice's existing patient database, ensuring information is instantly at the fingertips of office personnel during patient communications. As a result, staff members can accomplish more on phone calls and provide personalized service, while the practice benefits from greater retention rates and higher marks for customer service. Weave was built to empower the office associate, and therefore requires little to no specialized IT experience for installation or management.

"Today's communication services are not designed with the SMB in mind, let alone SMBs in the dental industry that require very specific features and capabilities to help support their goals to better serve patients," said Brandon Rodman, CEO, Weave. "Weave introduces a revolutionary approach to patient communication that can actually be applied across the healthcare vertical and beyond. Our investors recognize this, and understand that this is just the beginning for Weave."

About Weave
Weave is a modern telephone company for small and medium-sized businesses that syncs with existing CRM (Customer Relationship Management) and EMR (Electronic Medical Record) software. Weave consolidates VoIP calling, SMS text messaging, and emailing into a single desktop service, empowering businesses to effectively manage their customer messaging and capitalize on the value of their customer relationships. When you call a business using Weave, they know your name, they know what you need, and they can make it happen for you immediately without putting you on hold or digging through a file. For more information, please visit www.getweave.com. Follow us on Twitter @getweave

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
What happens when the different parts of a vehicle become smarter than the vehicle itself? As we move toward the era of smart everything, hundreds of entities in a vehicle that communicate with each other, the vehicle and external systems create a need for identity orchestration so that all entities work as a conglomerate. Much like an orchestra without a conductor, without the ability to secure, control, and connect the link between a vehicle’s head unit, devices, and systems and to manage the ...
"Once customers get a year into their IoT deployments, they start to realize that they may have been shortsighted in the ways they built out their deployment and the key thing I see a lot of people looking at is - how can I take equipment data, pull it back in an IoT solution and show it in a dashboard," stated Dave McCarthy, Director of Products at Bsquare Corporation, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
In his session at Cloud Expo, Robert Cohen, an economist and senior fellow at the Economic Strategy Institute, provideed economic scenarios that describe how the rapid adoption of software-defined everything including cloud services, SDDC and open networking will change GDP, industry growth, productivity and jobs. This session also included a drill down for several industries such as finance, social media, cloud service providers and pharmaceuticals.
In IT, we sometimes coin terms for things before we know exactly what they are and how they’ll be used. The resulting terms may capture a common set of aspirations and goals – as “cloud” did broadly for on-demand, self-service, and flexible computing. But such a term can also lump together diverse and even competing practices, technologies, and priorities to the point where important distinctions are glossed over and lost.
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, discussed the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
Enterprise IT has been in the era of Hybrid Cloud for some time now. But it seems most conversations about Hybrid are focused on integrating AWS, Microsoft Azure, or Google ECM into existing on-premises systems. Where is all the Private Cloud? What do technology providers need to do to make their offerings more compelling? How should enterprise IT executives and buyers define their focus, needs, and roadmap, and communicate that clearly to the providers?
All clouds are not equal. To succeed in a DevOps context, organizations should plan to develop/deploy apps across a choice of on-premise and public clouds simultaneously depending on the business needs. This is where the concept of the Lean Cloud comes in - resting on the idea that you often need to relocate your app modules over their life cycles for both innovation and operational efficiency in the cloud. In his session at @DevOpsSummit at19th Cloud Expo, Valentin (Val) Bercovici, CTO of Soli...
SYS-CON Events announced today that Dataloop.IO, an innovator in cloud IT-monitoring whose products help organizations save time and money, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Dataloop.IO is an emerging software company on the cutting edge of major IT-infrastructure trends including cloud computing and microservices. The company, founded in the UK but now based in San Fran...
Join Impiger for their featured webinar: ‘Cloud Computing: A Roadmap to Modern Software Delivery’ on November 10, 2016, at 12:00 pm CST. Very few companies have not experienced some impact to their IT delivery due to the evolution of cloud computing. This webinar is not about deciding whether you should entertain moving some or all of your IT to the cloud, but rather, a detailed look under the hood to help IT professionals understand how cloud adoption has evolved and what trends will impact th...
In his session at 19th Cloud Expo, Claude Remillard, Principal Program Manager in Developer Division at Microsoft, contrasted how his team used config as code and immutable patterns for continuous delivery of microservices and apps to the cloud. He showed how the immutable patterns helps developers do away with most of the complexity of config as code-enabling scenarios such as rollback, zero downtime upgrades with far greater simplicity. He also demoed building immutable pipelines in the cloud ...
"We are the public cloud providers. We are currently providing 50% of the resources they need for doing e-commerce business in China and we are hosting about 60% of mobile gaming in China," explained Yi Zheng, CPO and VP of Engineering at CDS Global Cloud, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Businesses and business units of all sizes can benefit from cloud computing, but many don't want the cost, performance and security concerns of public cloud nor the complexity of building their own private clouds. Today, some cloud vendors are using artificial intelligence (AI) to simplify cloud deployment and management. In his session at 20th Cloud Expo, Ajay Gulati, Co-founder and CEO of ZeroStack, will discuss how AI can simplify cloud operations. He will cover the following topics: why clou...
"We are a custom software development, engineering firm. We specialize in cloud applications from helping customers that have on-premise applications migrating to the cloud, to helping customers design brand new apps in the cloud. And we specialize in mobile apps," explained Peter Di Stefano, Vice President of Marketing at Impiger Technologies, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
IoT solutions exploit operational data generated by Internet-connected smart “things” for the purpose of gaining operational insight and producing “better outcomes” (for example, create new business models, eliminate unscheduled maintenance, etc.). The explosive proliferation of IoT solutions will result in an exponential growth in the volume of IoT data, precipitating significant Information Governance issues: who owns the IoT data, what are the rights/duties of IoT solutions adopters towards t...
As data explodes in quantity, importance and from new sources, the need for managing and protecting data residing across physical, virtual, and cloud environments grow with it. Managing data includes protecting it, indexing and classifying it for true, long-term management, compliance and E-Discovery. Commvault can ensure this with a single pane of glass solution – whether in a private cloud, a Service Provider delivered public cloud or a hybrid cloud environment – across the heterogeneous enter...