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weavix® Secures $23.6 Million in Series B Funding

Jan 22, 2024•over 1 year ago

Amount Raised

$23.6 Million

WichitaSoftware Development

Investors

Perkins CoieThe Friedkin GroupFour More CapitalInsight Partners

Description

weavix announced it has successfully raised $23.6 million in its latest Series B funding round led by global software investor Insight Partners, with participation from Four More Capital, The Friedkin Group, and Perkins Coie. The funding will be used to expand product offerings and strengthen market presence in various industries.

Company Information

Company

weavix

Location

Wichita, Kansas, United States

About

As the Internet of Workers™ platform, weavix™ is the next generation of frontline radio communication that provides facility owners, manufacturers and general contractors a single platform to manage all field communication and workforce management of all contractors and employees.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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