# Versly

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/versly

- Industry: Internet
- Headquarters: San Francisco, US
- Website: www.versly.com
- Latest round: Seed (Jul 1, 2010)
- Investors on record: 3

## About

Versly is a technology company focused on enhancing team collaboration and productivity through innovative software solutions that streamline communication and project management across diverse industries.Versly, founded in 2009 in San Francisco, US, develops tools that improve collaboration among teams. The company had a significant pivot when it was sold to Cisco on August 29, 2011, allowing it to leverage Cisco's extensive network and resources to enhance its offerings. The founder's prior experience or history with other companies is not disclosed.Versly provides a suite of software solutions designed to facilitate efficient team collaboration and project management. Their products aim to integrate various communication tools into a seamless user experience, streamlining workflows for businesses of all sizes. The solutions are utilized by a wide range of users, from small startups to large enterprises, across multiple global regions, including North America, Europe, and Asia-Pacific.Versly generates revenue through direct sales of its software licenses and subscription services designed for ongoing access to its collaborative tools. Their pricing model typically includes annual contracts for software licensing, ensuring clients receive continuous updates and technical support. The company serves a diverse clientele, including corporate teams and educational institutions, which contributes to its revenue strategy.Future growth for Versly includes the development of new collaboration tools and enhancements to existing products, aiming for launch in the next fiscal year. The company plans to expand into emerging markets in Asia and Europe by 2025, focusing on increasing its user base in these regions. The funding received from the sale to Cisco in 2011 is expected to support these initiatives by providing resources for product development and market penetration.

## Funding rounds

- Seed, Jul 1, 2010 — Accel, 500 Global, Baseline Ventures

## Investors

- Accel (https://capitalatlas.ai/funds/accel) — Seed
- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed
- Baseline Ventures (https://capitalatlas.ai/funds/baseline-ventures) — Seed