Customer engagement startup iAdvize has secured €14 Million in new funding from Iris Capital & Bpifrance, with participation by their historic investor Alven Capital, in order to take their platform global. Founded in 2010 and based in Nantes, the 120-person team has seen an average 100% annual growth over the past 5 years, iAdvize offers a suite of products that allow website owners to engage with site visitors via chat, phone, video, or even forum, having secured 2,000 brands across 40 countries to date.
The startup, which has been pushing into the UK for the past 12 months, is looking at doubling down on that expansion, along with key markets like Germany & Spain, ultimately looking to use the funds to expand into the United States. In order to do so, iAdvize will add 100 more team members to its team, bringing the company’s size to 220, all before the end of 2016.
As it looks to expand into increasingly crowded markets, iAdvize will face increased competition from players ranging from Skype to other click-to-call startups.