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PLAYVOX SCORES $25M INVESTMENT PLUS ACQUIRES AUSTRALIAN STARTUP AGYLE TIME

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playvox 25m series five elms agyle It’ s its not all day you see a Latina American startup funded with a U. S. venture capital company based in the midwest. Playvox , a Colombian startup that will wants to bring a positive turn to customer service monitoring introduced a $25 million investment decision from Five Elms Capital , a Kansas City, MO VC firm. It has today raised $34 million.

While it was with it, Playvox also introduced something else unusual for an earlier stage company: an acquire. The startup bought a good Australian company called Agyle Period , a workforce supervising SaaS tool. The exchange brings together two companies along with similar missions to provide a lot more complete customer service solution.

Playvox founder plus CEO Oscar Giraldo created the company in 2012 and has already been quietly building it directly into an international business with brand customers like Dropbox, Digital Arts and Wish. The particular company’ s Workforce Marketing platform works as a layer along with customer service center management equipment like Zendesk and Salesforce Service Cloud, allowing administration to monitor digital channels and provide customer service agents feedback to assist them do their job opportunities better.

“ If you call a contact middle or a company, you may listen to that ‘ this contact may be recorded for high quality and training purposes’. Therefore Playvox is a technology functions on the backend of [the customer service system] to manage the particular workforce that is responsible for offering a great customer experience, ” Giraldo explained. It does this particular, but instead of for phone calls, it focuses on chat plus email interactions.

Giraldo got the idea for that business nine years ago whenever he was working being a software engineer in Argentinand toured some customer support centers, where he observed lots of disgruntled and unhappy workers. He wanted to start a firm that would help give suggestions to these employees in a more helpful and positive way.

“ Instead of the conventional approach of customer service QA that was punishing the brokers [for mistakes], what we perform is we use that will data to train them with the learning management system which is integrated in the platform, and also have coaching tools that enable our customers to provide well-timed feedback to the agent to allow them to change their behavior for your better, ” he mentioned.

Customer support startup company Gorgias raises $25M

The Agyle Time acquisition enables the business to expand beyond this particular feedback system into customer support workforce scheduling and placement them to compete in the business market with a more total toolset. “ What we notice is that combining the quality administration agent optimization tools that will Playvox has built with Agyle Time’ s workforce administration will allow us to be an exclusive vendor in the marketplace, ” Giraldo said.

Regarding Five Elms, it’ t a firm that invests among $4 and $40 mil in companies that have among $2 and $20 mil in revenue. They such as SaaS companies in atypical places with portfolio businesses in Fayetteville, AK, Columbus, OH and Brisbane Sydney. Playvox fits nicely because group.

“ Playvox continues to deliver amazing products, add renowned manufacturers to its customer foundation, and attract exceptional professionals because of its company values plus culture, ” Ryan Mandl, managing director at 5 Elms Capital said within a statement.


Wanda B. Hewlett

Wanda B. Hewlett (Contributor) is a freelance writer from the UK. When she’s not busy writing she loves to spend her time traveling, exploring and running.

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