Andreessen Horowitz, Google Ventures keep backing Switch Communications in $35m round


telephone-12_sqGoogle Ventures and Andreessen Horowitz have continued their backing of cloud-based business phone company Switch Communications as part of a $35m Series C round.

Singapore-based Amasia led the round, which also include commitments from Felicis Ventures, SoftBank and Work-Bench Ventures.

Switch cited a Transparency Market Research report saying the unified communications market was set to reach more than $61bn in 2018, growing at a CAGR of 15.7 per cent between 2012 and 2018.

The company’s service allows workers to be connected to their company’s phone system from any device, be it their desk phone, mobile phone or laptop.

It lets users control their calls with just one click or tap on the app, easily recording and transferring calls, as well as switching between voice and SMS or chat.

Felicis managing director Wesley Chang said, “At Felicis, we back product visionaries reinventing core markets. Switch’s seamless solution is the first to bring enterprise telecommunications, critical for all businesses, into the modern era.

“We believe Craig and his team have the industry experience and vision necessary to lead the revolution in this space.”

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