Call centre software company Aircall in no rush for IPO as revenues rise

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 52 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 66%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

PARIS : Aircall, a call centre software company that has been valued at around $1 billion, said on Thursday it was in no rush for a stock market flotation, as it unveiled a new product to help smaller-sized businesses and added that its revenue had risen.Aircall CEO and co-founder Olivier Pailhes said ann

PARIS : Aircall, a call centre software company that has been valued at around $1 billion, said on Thursday it was in no rush for a stock market flotation, as it unveiled a new product to help smaller-sized businesses and added that its revenue had risen.

Aircall CEO and co-founder Olivier Pailhes said annual recurring revenue had increased to $130 million from $100 million a year ago, as it launched enhanced artificial intelligence tools to help small- and medium-sized companies generate phone call summaries.Pailhes said that while an initial public offering remained an option, it was something the company could examine once it reached annual recurring revenue of $200 million, which Aircall hopes to achieve in the next 18 months.

"Internally, we talk a bit less about it. Within two years, we'll talk about it again, but we don't need to rush," said Pailhes, speaking via Zoom from Spain, regarding any stock market flotation plans. Aircall, launched in Paris in 2014, is viewed as a success story from France's technology sector, although the company is now headquartered in New York.

"We have French origins but we want to think globally," Pailhes said."To be a global leader, you have to be big in the United States."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines