Data Point and Point Judith lead $5.5m Series A for Vee24


software6_sqVenture capital firms Data Point Capital and Point Judith Capital have led a $5.5m Series A round for Vee24 to help the customer service technology specialist expand into the US.

Vee24, which provides a unified voice, video, text, and co-browsing platform, has Audi, DFS, L’Oreal, Land Rover, Schuh, and Vodafone among its clients.

The company has been based in Europe and is now looking to move its headquarters to Boston, while retaining its operations in Manchester.

Data Point Capital managing partner Scott Savitz said, “This is a company that has really caught our attention.

“It’s very unusual to see a young business so far ahead of the competition and with such a great track record of success with category leaders.  The new capital and strong client results put the company in a terrific place to further assert its leadership in the marketplace.

“Bringing the company to Boston is a great testament to the region as an innovation hub and is another reason to be enthusiastic about what has already become one of the most vibrant tech sectors in the world.”

Back in December AltAssets reported that Point Judith had gathered close to $25m towards its $100m-targeting third fund after almost 18 months on the road.

Copyright © 2013 AltAssets

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