Aspect Communications Forms Venture Fund
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Customer relationship portal provider Aspect Communications Corporation this week announced a $50 million venture fund formation.
Aspect Communications Corporation plans to use the venture funding to target investments in pre-IPO companies, helping the evolution of a new class of ASPs to deliver eBusiness solutions to small- to medium-size companies.
The Aspect venture fund will include cash, technology and consulting expertise to offer the benefits of customer relationship portals that integrate B2C, B2B and C2C transactions with blended multimedia applications, including voice, e-mail and Web in the contact center.
The company will work with a small group of venture capital partners, including Institutional Venture Partners, to identify and evaluate investment opportunities in the future.