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
SYS-CON Events announced today that MobiDev, a client-oriented software development company, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. MobiDev is a software company that develops and delivers turn-key mobile apps, websites, web services, and complex softw...
Information technology (IT) advances are transforming the way we innovate in business, thereby disrupting the old guard and their predictable status-quo. It’s creating global market turbulence. Industries are converging, and new opportunities and threats are emerging, like never before. So, how are savvy chief information officers (CIOs) leading this transition? Back in 2015, the IBM Institute for Business Value conducted a market study that included the findings from over 1,800 CIO interviews ...
Virtualization over the past years has become a key strategy for IT to acquire multi-tenancy, increase utilization, develop elasticity and improve security. And virtual machines (VMs) are quickly becoming a main vehicle for developing and deploying applications. The introduction of containers seems to be bringing another and perhaps overlapped solution for achieving the same above-mentioned benefits. Are a container and a virtual machine fundamentally the same or different? And how? Is one techn...
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm.
What sort of WebRTC based applications can we expect to see over the next year and beyond? One way to predict development trends is to see what sorts of applications startups are building. In his session at @ThingsExpo, Arin Sime, founder of WebRTC.ventures, will discuss the current and likely future trends in WebRTC application development based on real requests for custom applications from real customers, as well as other public sources of information,
As businesses adopt functionalities in cloud computing, it’s imperative that IT operations consistently ensure cloud systems work correctly – all of the time, and to their best capabilities. In his session at @BigDataExpo, Bernd Harzog, CEO and founder of OpsDataStore, will present an industry answer to the common question, “Are you running IT operations as efficiently and as cost effectively as you need to?” He will expound on the industry issues he frequently came up against as an analyst, and...
Keeping pace with advancements in software delivery processes and tooling is taxing even for the most proficient organizations. Point tools, platforms, open source and the increasing adoption of private and public cloud services requires strong engineering rigor - all in the face of developer demands to use the tools of choice. As Agile has settled in as a mainstream practice, now DevOps has emerged as the next wave to improve software delivery speed and output. To make DevOps work, organization...
ChatOps is an emerging topic that has led to the wide availability of integrations between group chat and various other tools/platforms. Currently, HipChat is an extremely powerful collaboration platform due to the various ChatOps integrations that are available. However, DevOps automation can involve orchestration and complex workflows. In his session at @DevOpsSummit at 20th Cloud Expo, Himanshu Chhetri, CTO at Addteq, will cover practical examples and use cases such as self-provisioning infra...
The financial services market is one of the most data-driven industries in the world, yet it’s bogged down by legacy CPU technologies that simply can’t keep up with the task of querying and visualizing billions of records. In his session at 20th Cloud Expo, Jared Parker, Director of Financial Services at Kinetica, will discuss how the advent of advanced in-database analytics on the GPU makes it possible to run sophisticated data science workloads on the same database that is housing the rich inf...
For organizations that have amassed large sums of software complexity, taking a microservices approach is the first step toward DevOps and continuous improvement / development. Integrating system-level analysis with microservices makes it easier to change and add functionality to applications at any time without the increase of risk. Before you start big transformation projects or a cloud migration, make sure these changes won’t take down your entire organization.
My team embarked on building a data lake for our sales and marketing data to better understand customer journeys. This required building a hybrid data pipeline to connect our cloud CRM with the new Hadoop Data Lake. One challenge is that IT was not in a position to provide support until we proved value and marketing did not have the experience, so we embarked on the journey ourselves within the product marketing team for our line of business within Progress. In his session at @BigDataExpo, Sum...
Apache Hadoop is emerging as a distributed platform for handling large and fast incoming streams of data. Predictive maintenance, supply chain optimization, and Internet-of-Things analysis are examples where Hadoop provides the scalable storage, processing, and analytics platform to gain meaningful insights from granular data that is typically only valuable from a large-scale, aggregate view. One architecture useful for capturing and analyzing streaming data is the Lambda Architecture, represent...
Things are changing so quickly in IoT that it would take a wizard to predict which ecosystem will gain the most traction. In order for IoT to reach its potential, smart devices must be able to work together. Today, there are a slew of interoperability standards being promoted by big names to make this happen: HomeKit, Brillo and Alljoyn. In his session at @ThingsExpo, Adam Justice, vice president and general manager of Grid Connect, will review what happens when smart devices don’t work togethe...
SYS-CON Events announced today that Ocean9will exhibit at 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. Ocean9 provides cloud services for Backup, Disaster Recovery (DRaaS) and instant Innovation, and redefines enterprise infrastructure with its cloud native subscription offerings for mission critical SAP workloads.
In his session at @ThingsExpo, Eric Lachapelle, CEO of the Professional Evaluation and Certification Board (PECB), will provide an overview of various initiatives to certifiy the security of connected devices and future trends in ensuring public trust of IoT. Eric Lachapelle is the Chief Executive Officer of the Professional Evaluation and Certification Board (PECB), an international certification body. His role is to help companies and individuals to achieve professional, accredited and worldw...