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Clickatell announced it has secured $12M in a Series B round of venture funding led by Sequoia Capital and DAG Ventures
February 28, 2011
REDWOOD CITY, Calif. -- Clickatell, the global leader in Personalized Priority Messaging as a service, today announced it has secured $12 million in a series B round of venture funding led by Sequoia Capital and DAG Ventures. 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.
Clickatell is a profitable company with more than 13,000 customers that utilize its award-winning mobile messaging API’s and global delivery infrastructure to reach and respond to customers across some 869 networks in 223 countries and territories. Personalized Priority Messaging via Clickatell is embedded into virtually any business process to increase an organization’s capacity to offer new levels of customer help and engagement using mobile text messaging (SMS).
“Clickatell was early in recognizing the immense power of mobile messaging to transform the customer experience. With the capacity to reach some 70 percent of the world’s population, Personalized Priority Messaging can help companies of all sizes create more welcoming and helpful brands by delivering just the right message, to the right person at the right time,” said Pieter de Viliers, CEO and co-founder of Clickatell. “We’re excited by our continued relationship with Sequoia Capital and value their insight into various markets and sectors. We are also happy to welcome to our team DAG Ventures whom we enjoyed working with on this transaction. Mobile is the new medium of consumer engagement, and brands from Lagos to London are recognizing this. Clickatell is very well positioned to become an even stronger leader in Business-to-Consumer Mobile messaging and transaction enablement. We are excited by the future mobile has to offer.”
Clickatell Pty Ltd.
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