DVTel's $9 Million Fund Raising and Future
DVTel's CEO tells IPVM that they have completed a 'turnaound' and that they are ready for more aggressive expansion and even acquisitions with their new $9 million in funding.
Inside this note, we examine what three key improvements DVTel claims to have made, where they are at today and how they are planning to expand.
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*****'* *** **** ***** [**** ** longer *********] ***** ***** *** ******** to *** '*********' ** **** *** occurred ***** ** ****** ** ****:
- ****** ***** ****-*** ********. ** ******** that ***** ******** *** *** *** complicated *** ******** *** **** ********** involvement ** **** ****. ***, ** says ******** ** **** ****** ** use. ************, **** **** ******* ************* any ******* ** ******, ****** ** design / *** **** ************* ** Asia (*** *****).
- ********** * ***-**** ******* ********, ************* that *** ****-*** ****** ** ***** and * ****-*** *** ****** ** forced **** *** ***-******. ** **** they ***** ******** ** *&* ********** their ******* ***-**** **** [**** ** longer *********] **** * ******* **** experience.
- ******** ******** ** ***** ******* *** an ********** *** ***** ********. ***** Defense **** ******* ** ‘**** *********’ which **** ***** ** *** ******* of *** ********* ******* *** *** **-***** threats *** ‘****** ******’ ***** ******* a ******* ******** / *******, *** allowed ** ********* ******** **** ** corporate ******* *** *** ***** ***** client. ** *** *** ** ****, DVTel ******* ** ******* * ***** VMS **** **** *** ******** ** the ********** / ******** ******.
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*****'* *** **** *** ******* *** been **** **** ******** ***** **** and *** *** **** ******* ** 2014 *** **** ******* ******* ** Q1 ****. ** *** *** ******** any ******** ****** *******.
Investment *** ******
***** ********* $* ******* [**** ** longer *********] '******* ******** **********' ****** this ****.
*****'* *** ********* * **** **** for ****:
- **** ********** ** ******* ******* *** sales *********
- **** ***** ** *&* *** *********
- ************ *** **** ** *** *** and ************* **** *****
*** ******** ****** ******** ** **** the *******. ************, ***** *** * dealer **** *****. ***, **** ***** expanded ***-****** *********, ***** ***** ** open ** *** ***-****** ******** (*** not ********) ** ******* ************, ******* requiring ************* *** ********, ** **** manufacturers **.
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*** ** *****'* ******* ******** ** simply ****** *********. **** **** *** marketed **** **** *** **** *** years ***, **** **** ** *** from *** ********** *******, ***** ** mostly *** ** *****, *** ** mind. *****'* *** **** **** ********* the ********* ******* *** ******* ***** on ********* *** ******* *** *** now ***** ** ****** *********.
***** *** * ****-***, *******-**** *** even * ***** ******* ** ****** **, ****** ** *** ********** *** had ****** ****. ** **** *** deliver ** ****** ** *** ****-*** VMS *** ****** ** ****, ** does **** *********. ***** ******* ******* niche *** ** ***** ******** / differentiate for ***** ****** ****** *** *** very ********* ***** ******** ***** (**** or *********). ***** ********* (**** *******) are ***** ************* ****** (*** *** **** *******) *** **** ****** **** **** of ********* / *********.
*******, ** *** **** ** * positive **** *** *** ******* *** will **** ** *** ** *** how **** **** **-**** ********* **** the ******* ******.