UCaaS Provider Viirtue Gets $10.8 Million from Ballast Point Ventures
The company will use the investment to expand its Viibe platform.
March 8, 2023
Viirtue, a Tampa, Florida-based wholesale voice and UCaaS provider, has raised $10.8 million in funding from Ballast Point Ventures IV.
Viirtue, which offers white-label unified communications as a service, will use this investment to help expand and enhance its Viibe platform. Viibe is cloud-native, streamlined digital procurement-to-fulfillment software. It has already proven successful with its partners, the company said. This latest injection of funding will enable Viirtue to accelerate its growth and adoption in the market.
Viirtue’s Daniel Rosenrauch
Daniel Rosenrauch co-founded the company in 2017.
“We are thrilled to have the support of Ballast Point Ventures as we continue to fulfill our mission to digitize channel partners and resellers,” Rosenrauch said. “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.”
Company officials are enthusiastic about taking the next step in their mission to simplify the communications industry.
Ballast Point Ventures’ Sean Barkman
Sean Barkman is partner at Ballast Point Ventures.
“We are excited to partner with Viirtue to support the development and growth of Viibe,” Barkman said. “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.”
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