London-based Augnet raises €1.47 million to revolutionise the SMS and messaging space | EU-Startups
Summary
Augnet, the London-based startup set to revolutionise the SMS and messaging space, today announced that Triple Point Venture Fund has led a €1.47 million investment into the company. This means that for the first time, it will be possible to audit and trace SMS delivery historically and in real-time, enabling the growing number of “killed” messages – those that are not actually sent to users in order to increase operator profit margins – to be tracked. COO Jekaterina Orlova brings commercial and management consultant experience from Skype and Deloitte and the fintech sector, where she specialised in cloud services, and digital workplace transformation projects. Triple Point, which has already proven itself to be a valuable partner, focuses on opportunities that solve problems for established companies, and so is a perfect fit with Augnet. Apart from the important investment that Triple Point has made, its highly knowledgeable industry experts have given us hugely valuable advice and have introduced us to a range of tech entrepreneurs and investors who are supporting us on a number of levels.” Ian McLennan, Head of Venture at Triple Point, stated: “The average consumer knows SMS as a simple, quick way to send messages.