Sendbird evolves into unicorn in $100m round

Apr 7, 2021 • Jordan Williams

SoftBank Vision Fund 2 led the mobile engagement technology provider’s series C round, which closed at a $1.05bn valuation.

US-based mobile engagement and communication platform provider Sendbird has completed a $100m series C round featuring internet and telecommunications group SoftBank’s Vision Fund 2.

Investment fund manager Steadfast Capital led the round, which valued the company at $1.05bn, while Emergence Capital, World Innovation Lab, Iconiq Growth, Tiger Global Management and Meritech Capital also took part.

Sendbird’s online platform enables businesses to provide messaging, video chat and voice call services for their mobile-based customers.

More than 150 million users communicate on…

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