Business Management Startup VCita Buys WiseStamp
Last month, vCita completed a $15 million funding round, bringing its total funding to date to $30 million
“With all the new means of communication in recent years, email is still the most meaningful tool for small businesses, and mail signatures still offer a great space for business promotion,” vCita co-founder and CEO Itzik Levy told Calcalist Wednesday. According to Levy, both companies have built large customer databases, which the acquisition will allow them to combine. Still, he said, the main reason for this acquisition is the marketing abilities Wisestamp has cultivated over the years. “The deal will open up new channels to onboard customers,” he explained.