SignalWire Secures $11.5M Series A Financing Round Led by Storm Ventures
Summary
PALO ALTO, Calif., Aug. 7, 2019 /PRNewswire/ -- SignalWire, Inc., the Original Geeks of software-defined telecommunications and developers of the number one open-source enterprise communication platform, FreeSWITCH®, today announced the closing of an $11.5 million series A funding round. We have spent the past 15 years on a mission to remove such barriers to innovation and well add real value with auto-scaling elastic cloud infrastructure and advanced APIs that allow for true real-time voice, video, and messaging application control." In an effort to provide relief to customers using competing services, SignalWire has developed its own syntax that is backward compatible with the leading competitors language, aptly titled LāML. "Weve made it extremely easy to migrate existing applications so that customers can immediately take advantage of our disruptive pricing and experience what a true cloud communications platform has to offer. In addition, the core technology is trusted by their existing global ecosystem of developers," said Luis Robles, a former partner at Sequoia Captial and Silicon Valley angel investor.