Bangalore: Outsourced contact centre and business process outsourcing (BPO) services provider, 24/7 Customer on July 24 announced it has secured $ 22 million in funding.

The equity financing was led by new investor Sequoia Capital along with participation from Co-Founder and chief executive officer (CEO) P V Kannan, the firm said in a statement.

In conjunction with the financing, Michael Moritz of Sequoia Capital joined the company's Board of Directors, it said.

The release said Moritz is currently a Director of several leading US corporations including New York Stock Exchange-listed Flextronics, and Google.

The company said it would use this funding to pursue key sales initiatives and global expansion activities inclusive of BPO acquisitions.

The company claims to provide outsourcing services that reduce support and processing costs by 35 per cent to 60 per cent. It has ten global 500 customers.

PTI