Boomtown Raises $12M from Telstra Ventures and Capital One Growth Ventures to Help Teams Orchestrate and Automate Effortless Product Support Experiences
TELSTRA CORP S/ADR (TLSYY)
NASDAQ:AMEX Investor Relations:
telstra.com.au/aboutus/investors
Company Research
Source: PR Web
SAN FRANCISCO (PRWEB) May 16, 2019 Boomtown reduces the complexity of selling, activating and supporting business technology products used in real life. Today the Company announces a $12 million investment led by Telstra Ventures with participation from Capital One Growth Ventures and returning investors Nyca Partners, Commerce Ventures, Spider Capital and NHN Ventures. This Series B financing will further accelerate the company's continued growth as well as its ongoing investment in its Relay Software-as-a-Service (SaaS) platform.Relay helps companies who sell, activate and support business technologies orchestrate and automate effortless product support experiences. Partners who have adopted Relay have seen reductions in product activation times of up to 88%, improvements in customer service handle times of 45% and Net Promoter Score increases of more than 20 points.Customer technology lifecycles are now defined by journeys that span interdependent products and services across t
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