Press Release March 02, 2017

Fuze Completes $104 Million Financing Round

The Technology team represented Fuze, Inc. in its recent $104 million Series F round of funding led by Wellington Management Company. The financing also included Greenspring Associates and existing investors Summit Partners, Bessemer Venture Partners and G20 Ventures. Since its formation in 2006, Fuze has raised more than $300 million.

Based in Cambridge, Massachusetts, Fuze provides a global unified communications as a service platform that utilizes modern cloud-based voice, video and messaging solutions to empower productivity and collaboration across enterprises. The Massachusetts Technology Leadership Counsel named Fuze its 2016 “Emerging Company of the Year,” and Forbes named the company one of 2016’s Next Billion-Dollar Startups and included it in the Forbes 2016 Cloud 100.

Goodwin advises Fuze in general corporate matters and has previously represented the company in its Series C, Series D and Series E financings. The firm also has advised Fuze in all M&A matters, including its acquisition of Whaleback Managed Services (a provider of managed, cloud-based services to medium-sized enterprises), Contactive (a data analytics company and developer of business intelligence and unified communications solutions), Parlai Technologies (a virtual assistant for customer facing professionals and their teams) and Fuzebox Software Corporation (a producer of cloud-based video conferencing solutions). 

The Goodwin team was led by partner Ian Engstrand, and included associates Duncan Enista and Daniel Isaacs and partners Joel Lehrer, Janet Andolina, Gregg Katz, James Matarese, Andrea Murino, Mark Smith, Robert Hale, Sabrina Rose-Smith, counsel Todd Hahn and Ginggi Storer, and associates Timothy Holahan, Dave Rouse with invaluable assistance from Kathryn Georgian and Elizabeth Bramley.

For additional details on the financing round, please read the press release. Media coverage appeared in The Boston Globe, xconomy, Boston Business Journal, BostInno, FinSMEs, and Digital Journal.