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In Q3 2024, global spending on cloud infrastructure services increased by 21% ...
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Q Advisors Represents Viirtue in Growth Equity Financing by Ballast Point Ventures
17 Mar, 2023
Tampa, FL - March 10, 2023 - Viirtue, an award-winning wholesale voice & unified communications as a service (“UCaaS”) provider, announced that it has raised $10.8 million in Series A funding from Ballast Point Ventures. “We are thrilled to have the support of Ballast Point Ventures as we continue to fulfill our mission to digitize channel partners and resellers,” said Daniel Rosenrauch, who co-founded the company with Rob Finch in 2017. “Since launching Viirtue, our mission has been to provide our customers with the best possible tools and services to succeed in a rapidly evolving market.” “We are excited to partner with Viirtue to support the development and growth of ViiBE,” said Sean Barkman, Partner at Ballast Point Ventures. “Viirtue is at the forefront of a rapidly evolving market, and we believe the Company is well-positioned to continue its growth trajectory. We look forward to partnering with another great local Tampa company.” Viirtue, a leading provider of white label cloud solutions, will utilize this investment to help expand and enhance its innovative ViiBE platform, a cloud marketplace for MSPs and service providers. ViiBE’s cloud-native, streamlined digital procurement to fulfillment software has already proven popular with its partners, and this latest injection of funding will enable Viirtue to accelerate its growth and adoption in the market. The Company is excited to take the next step in its mission to simplify the communications industry. Q Advisors acted as the exclusive financial advisor to Viirtue in connection with this transaction.
