“Overall, I think we think that we have a really great shot at becoming very successful.YouMail, Inc. We are the same in that respect,” said Adams. “All startups have a goal to go do some sort of an exit whether that’s through an IPO or merger and acquisition. The company anticipates to hire between 40 to 50 local staffers throughout 2021.Īsked whether the startup has an IPO on its timeline, Adams noted that all startups have an exit strategy in place to maximize shareholder value, what that will look like exactly has yet to be determined. Looking forward, the company plans to raise additional funding to increase its employee headcount - hiring top talent in areas such as sales, marketing, and engineering. He has successfully achieved five exits as CEO and spearheaded a $1.1 billion IPO as co-founder of WebSense (now called Forcepoint). The startup headquartered in Sorrento Valley, has grown to 50 employees.Īdams brings over 20 years of experience in founding and leading global organizations. So far, Voxox has raised roughly $33 million in funding from angel investors and Pepperwood Partners, an investment banking advisory firm. “There are competitors out there, but to our knowledge there is no one who does everything, to have all of these different communications channels in a single user interface.” While competitors such as WhatsApp, RingCentral, Skype, and others offer Voice over Internet Protocol (VoIP) and aggregates messaging, social networking and email onto a single screen, Voxox differentiates itself by combining everything into a single product.Īdams acknowledges that Voxox faces plenty of competition. The company currently brings in annual revenues around the $10 million run rate. Primarily focused on the enterprise side of the business, the company claims it has “thousands” of customers globally. Voxox has been generating revenue by powering small telephone companies with its Unified Communications Service Delivery Platform, as well as providing Hosted PBX service to thousands of small-to-medium businesses. “It’s a massive spend, massive marketplace, and we are going to take advantage of that.”ĭeveloped entirely in-house by a seasoned team of technologists, its service delivery platform enables Voxox to bypass expensive licensing fees, allowing Voxox to offer its customers some of the most competitive rates in the industry. “The largest telecommunication companies in the world are going to spend over $2.7 trillion in the next 12 months upgrading their systems - meaning they all want to be 5g and AI compatible,” said Adams. $2.7T in 5G Spend PredictedĪdams appointment coincides with the rollout of 5G technology which will signal a massive shift in the way that companies and employees work.Īn analysis from Greensill estimates the total investment for the 5G rollout throughout the global supply chain is likely to top $2.7 trillion by the end of this year. “We essentially can turn cell phones into real effective telemarketing machines, and also short message service (SMS) which serves as effective text-marketing tools for small and large businesses,” said Adams, adding that the company continues to add compelling features to its unified platform. In particular, the technology enables users to combine a variety of their existing communications technologies onto a single platform, enabling them to manage voice, video, instant messaging, text, e-mail, fax, and certain social networks. Voxox offers a comprehensive suite of communication solutions for consumers and businesses, through a single underlying back-end infrastructure and unified communications service delivery platform. The name is a play on “voice over X,” meaning the system can send voice over any type of network.
Formed by Bryan Hertz, his brother, Kevin, and father, Bob, the company was formerly called TelCentris and rebranded as Voxox.
0 kommentar(er)
