Clickatell Garners $12,000,000 Series B Funding Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=31d127e6-cbb6-483f-982b-c017c62ed205&Preview=1 -
Date
2/28/2011 -
Company Name
Clickatell -
Mailing Address
3200 Bridge Pkwy. Redwood City, CA 94065 -
Company Description
Clickatell has been around for more than a decade and is the largest Online SMS mobile messaging gateway provider covering 871 networks in 221 countries and territories, with the potential to reach 5 billion mobile phone users, or more than 70 percent of the world’s population. -
Website
http://www.clickatell.com -
Transaction Type
Venture Equity -
Transaction Amount
$12,000,000 -
Transaction Round
Series B -
Proceeds Purposes
The funding will be used to continue the company’s expansion into new service areas and geographies where automated, just-in-time mobile messaging is powering huge gains in customer engagement and value and opening the door to new mobile transactions. -
M&A Terms
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Venture Investor
Sequoia Capital -
Venture Investor
DAG Ventures
