The cloud-based telecommunications platform Sinch has raised 950 million euros in new growth funds through institutional investors and its shareholders.
The Swedes announced the news Announced this morning And said that they need money to strengthen their financial situation. On the one hand, it provides co-financing for the announced acquisition of Inteliquent from the United States, and on the other hand, it pays for future acquisitions.
inch Provide telecommunications services including SMS, voice and video to companies that want to be able to communicate with customers on a large scale. It competes with companies like Twilio and Messagebird.
photo: akasped (Cc)