Clickatell Garners $12,000,000 Series B Funding Round

  • Feed Type
  • 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
  • Venture Investor
    Sequoia Capital
  • Venture Investor
    DAG Ventures