“The Google Analytics” of unified collaboration strengthens organization
Vyopta Incorporated, the industry leader in video and unified collaboration (UC) analytics, announced an increase to their Series A funding from Austin-based AVX Partners from $5 million to $6 million. In addition, Vyopta added two new executive team members, Chad Savoy as VP of Sales and Bret Hern as VP of Customer Success.
Vyopta simplifies how enterprises monitor and maximize value from their video and UC networks. Over 80 large enterprises including the U.S Department of Veteran Affairs,Chevron, and Stanford University use Vyopta’s vAnalytics software to improve video collaboration at their organizations. According to AustinInno.com, “Vyopta is the Google Analytics of video conferencing.”
“Video collaboration usage in the enterprise is accelerating with many organizations experiencing 10X growth in the number of video conferencing users. Vyopta is uniquely positioned to help large enterprises manage and support this growth,” said Chris Pacitti, managing member of AVX Partners as well as general partner at Austin Ventures. “We’ve increased our investment by $1 million to support Vyopta’s efforts to capitalize on this opportunity.”
“Our expanding partnership with AVX has been instrumental in growing our team and building a distinctive company,” said Alfredo Ramirez, CEO of Vyopta. “I am very excited to announce the additions of our two new executives, Chad Savoy and Bret Hern. They are already strengthening our culture and helping us grow.”
Chad Savoy joins Vyopta as the VP of Sales with a wealth of experience developing and scaling high-performance sales teams ranging from startups to publicly traded firms. Most recently, Chad was the VP of sales at Datadog, the leading SaaS-based monitoring platform for cloud applications, where he helped triple revenue in the last year. Earlier in his career, he was the VP of North American Sales at Solarwinds where he helped increase revenue more than 500%.
“I am thrilled to join the Vyopta team and build on the foundation they’ve already established,” said Savoy. “I look forward to helping accelerate growth and supporting the goal of building a great company.”
Bret Hern joins the executive team after being recently promoted to VP of Customer Success. In addition to establishing the foundation of Vyopta’s customer success function, Bret brings decades of experience serving large enterprises at Accenture, Computer Sciences Corporation, and Trilogy.
“I love problem-solving and helping clients reach their goals,” said Hern. “I am proud of what we have been able to accomplish so far and am eager to work with the team to take customer success to a whole new level.”
Vyopta is actively looking to expand their team, with openings in sales, marketing, DevOps, software engineering and customer success. For more information and to apply for open positions, please visit www.vyopta.com/company/careers.
Vyopta provides a single system to monitor and optimize video and unified collaboration networks. Its products currently monitor more than 500 million video collaboration minutes per year from leading technology vendors including Cisco, WebEx, Polycom, Microsoft, Vidyo, Acano and Pexip. vAnalytics is used by many of the largest private and public enterprises across more than 20 industries including healthcare, technology, financial services, government, and higher education. To learn more about Vyopta’s products, visit https://www.vyopta.com.
About AVX Partners
AVX Partners (AVX) is an Austin-based venture capital firm focused on growth-stage software and cloud investments. AVX’s limited partners are a unique mix of successful entrepreneurs, emerging company operating executives, professional investors, influential community members, and large family offices. A subset of the limited partners (LPs) actively engages in each AVX investment, providing unique value to each portfolio company. To learn more about AVX, visit www.avx.partners.