Cloud communications platform company Infobip has secured north of $200 million from private equity firm One Equity Partners in a deal which values the Croatia-based scale-up at over $1 billion, according to an exclusive report from Reuters based on sources.
Founded in 2006, this was the first external round of funding for Infobip, which offers a cloud-based platform that enables businesses to build 'connected customer experiences' across a multitude of channels, including SMS, WhatsApp, Viber and Facebook Messenger.
The company boasts 600+ direct-to-carrier connections, which enables it to connect its business to a potential 7 billion 'people and things'.
According to Reuters' sources, Infobip will now focus on expanding its business and is considering an IPO in the United States at a later date.
Would you like to write the first comment?
Login to post comments