SendBird raises $16 million to help developers add messaging features to their apps
Summary
SendBird, a company that provides the infrastructure for developers to build messaging and chat services into their apps, has raised $16 million in a series A round of funding led by Shasta Ventures and August Capital, with participation from Y Combinator and FundersClub. On the surface, the service seems similar to something like Twilio or MessageBird, which also allow developers to integrate communication features into their own apps; however, those two platforms were built more more on a telephony infrastructure that caters to calls and SMS. SendBird, on the other hand, is more about internet protocol (IP) messaging, which offers richer functionality, including easier photo sharing, group chats, and more. A more direct competitor to SendBird would be a startup such as Layer, which raised a $15 million round earlier this year and which claims big-name backers such as Salesforce and Microsoft. “We have seen a massive adoption of messaging and API services across enterprise and consumer apps,” added Villi Iltchev, partner at August Capital.
Funding
Classifications
AskAI Classifications
LabelsLinked Companies
