MessageBird announced an $800 million extension to its funding round, backed by Eurazeo, Tiger Global, BlackRock and Owl Rock
Messagebird, an Amsterdam, The Netherlands and San Francisco, USA-based cloud communications platform developer, announced extending its series C round with $800 million.
The initial round was $200 million, closed at the end of 2020. 70% of the money ($560 million) represents an equity contribution to the company's books and the rest is deb.
Backers include Eurazeo, Tiger Global, BlackRock and Owl Rock, joined by Bonnier, Glynn Capital, LGT Lightstone, Longbow, Mousse Partners and NewView Capital, as well as existing investors such as Accel, Atomico (they led the Series A and B rounds) and Y Combinator.
Part of the money was used for the acquisition of the email marketing platform SparkPost for $600 million.
Messagebird, founded in 2011 by CEO Robert Vis, operates a cloud communications platform based on which provides a suite of Cloud Communications APIs sold as an “Omnichannel Platform-as-a-Service” (OPaaS) and which enables developers and enterprises to communicate with customers all over the world.