Wilmington-based, Brussels-operating, and Moldova-staffed Enabld has closed a $1.4 million seed funding round. The company operates in the Communications Platform as a Service (CPaaS) sector, and the new funding is aimed at enabling the startup to further develop its product lineup, including, “new tools to support communication service providers, telcos, and enterprises to fully integrate and tokenise their communication suite in the cloud.”
According to a statement released by the company, “their technology offering in the AI communication and tokenisation space has been adopted by many customers across multiple continents.”
Although information regarding the company's founders points only to Brussels-based Carlos Villanueva, co-founder and chief revenue officer, lead investor Wale Ajisebutu explained his rationale behind the deal, “One differentiator between a good and great opportunity, in my experience, is when a founding team has worked together, engaged with a problem before and executed a solution, and Enabld has!!! (sic)
The cloud communication space is an enormous new frontier forcing sudden changes for nearly every communication and telco companies and millions of users worldwide. As a telco and communication veteran and investor, I’m excited to back these founders defining the future of communication. Enabld's founding team brings close to 50 years combined of experience and tons of relevant insights and experience in execution, along with constructive curiosity, to this massive market."