Cloud-based communications solution Fuze has closed USD 104m in financing led by Wellington Management Company LLP, the company said.
This investment brings the company´s total funding to USD 304m. The new capital will be used to continue expanding internationally and to fund product innovation for Fuze´s enterprise customer segment.
Wellington Management company LLP is joined by Greenspring Associates and existing investors Summit Partners, Bessemer Venture Partners (BVP), and G20.
A global UCaaS platform, Fuze empowers productivity and collaboration across enterprises with modern cloud-based voice, video, and messaging solutions.
Fuze is a global, cloud-based unified communications platform that empowers productivity and delivers insights across the enterprise by enabling simplified business voice communications, flexible video conferencing, and always-on collaboration. Headquartered in Cambridge, MA, Fuze has additional locations including New York, San Francisco, Seattle, Ottawa, London, Amsterdam, Aveiro (Portugal), Paris, Munich, Zurich, Madrid, Copenhagen, and Sydney.
Wellington Management Company, LLP is a privately owned investment manager. Wellington Management Company LLP is based in Boston, Massachusetts. It operates as a subsidiary of Wellington Management Group LLP.