Investors provide funds for growth phase
NEWARK, N.J., Jan. 31, 2017 /PRNewswire/ — D3 Unified Communications (D3UC) works exclusively with Managed Service Providers (MSPs) that sell technology services to Small and Medium Businesses (SMBs). As D3UC enters its fourth year, the founders are extremely optimistic about the company’s future. With recent investor funding, D3UC is now positioned to market its white label phone and unified communications (UC) solution to MSPs nationwide.
Chuck Daniels, CEO, knows that the first five years are critical for a startup. He says, “The fact is, most startups fail because they lack funding. It took time and energy but we remained positive and proved our business model. We found true Angel investors who have given us the opportunity to expand adoption of the D3UC platform to MSPs in the U.S. Our branded voice solution provides MSPs with a complement to their existing data and IT services. The feedback from our white label MSPs has been positive and validated our solution for this market.”
“The voice services market in the SMB space is estimated to be tens of billions of dollars. It’s a lucrative opportunity for MSPs,” says CFO, Imran Dalvi. “Of the 5.7 million businesses in the U.S., 98% have less than 100 employees and rely on MSPs for technology services. This gives MSPs access to over 38 million employees who need some type of device to communicate. Our MSPs generate monthly recurring revenues with profit margins starting at 50% and exceeding 100%.”
Additionally, D3UC is reconfirming its commitment to the MSP community by continuing its 100% risk-free program which features no minimum revenue requirements, no early termination penalties, and no upfront investment. The company is a proud member of the MSPAlliance, the largest MSP organization in the world. Daniels will again be sharing his experiences at MSPWorld in March where he will speak about raising capital during his presentation Growing Your MSP: Finding the Funding.
D3 Unified Communications was founded in November 2013 by Chuck Daniels and Imran Dalvi to address the inequities in the phone and UC industry for MSPs serving the SMB market. They have over four decades of telecommunications experience with a successful history of launching disruptive technology services. Their office is located at the Enterprise Development Center on the campus of NJIT.