What is 8x8?
Founded in 1987 and headquartered in Campbell, California, 8x8 operates as a key player in the unified communications as a service (UCaaS) and contact center as a service (CCaaS) markets. The company provides a comprehensive suite of cloud solutions designed to facilitate seamless business communication, including voice, video conferencing, team messaging, and advanced contact center capabilities. 8x8's platform is engineered to support businesses of all sizes, enabling them to modernize their communication infrastructure and improve customer engagement through integrated, scalable cloud services.
How much funding has 8x8 raised?
8x8 has raised a total of $793.8M across 6 funding rounds:
Stock Offering
$24.7M
Stock Offering
$30.6M
Stock Offering
$126M
Debt
$287.5M
Debt
$75M
Debt
$250M
Stock Issuance/Offering (1997): $24.7M with participation from Undisclosed
Stock Issuance/Offering (2011): $30.6M led by Undisclosed
Stock Issuance/Offering (2013): $126M supported by Undisclosed
Debt (2019): $287.5M featuring Undisclosed
Debt (2019): $75M backed by Morgan Stanley & Co.
Debt (2022): $250M with participation from Francisco Partners
Key Investors in 8x8
Francisco Partners
Francisco Partners is a global investment firm specializing in technology and technology-enabled businesses. Their focus on private equity and credit investments suggests a strategic interest in supporting the growth and operational development of companies like 8x8 within the software and communications sectors.
Morgan Stanley & Co.
Morgan Stanley & Co. is a leading global financial services firm. As an investment bank, their participation indicates a significant debt financing arrangement, supporting 8x8's capital structure and strategic initiatives.
Undisclosed Investors
What's next for 8x8?
With the recent infusion of $250M in a major strategic investment, 8x8 is poised for accelerated expansion and innovation. This capital injection is expected to fuel advancements in its product development, particularly in areas such as artificial intelligence for contact centers and enhanced collaboration features. The company's focus will likely remain on strengthening its market position against competitors by delivering robust, integrated cloud communication solutions and expanding its global reach. This strategic financing will support 8x8's ongoing efforts to capture greater market share in the enterprise-level cloud communications space.
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