Saturday, 10 October 2020

MessageBird secures US$200 million Series C funding round



KUALA LUMPUR, Oct 9 -- MessageBird, the world’s leading omnichannel cloud communications platform, has closed a new US$200 million Series C round led by Silicon Valley’s Spark Capital at a US$3 billion valuation. (US$1 = RM4.15)

As part of this latest investment, Spark Capital General Partner Will Reed will join MessageBird’s board.

According to a statement, this is a participation from Bonnier, Glynn Capital, LGT Lightstone, Longbow, Mousse Partners and New View Capital with existing investors Accel, Atomico and Y-Combinator.

The funding will be used to triple the size of MessageBird’s global team and further expand into its core markets in Europe, Asia and Latin America, as the company officially launched a ‘Work Anywhere’ policy.

This latest investment, raised remotely during lockdown, comes on the back of a global surge in demand for a wider range of messaging-first customer communication tools, across a much broader range of channels.

This accelerated MessageBird’s evolution, from a purely Communications Platform as a Service company to the world’s first and only Omnichannel Platform as a Service company.

One third of Messagebird’s global customers have now transitioned to using omnichannel cloud communications via its Flow Builder, Inbox or Omnichannel Widget products.

MessageBird is trusted by over 15,000 customers from established brands including Lufthansa Airlines, Hugo Boss, Rituals Cosmetics and SAP, as well as rapidly-growing disruptors such as Uber, Glovo, HelloFresh and Deliveroo.

-- BERNAMA

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