American investors back Clickatell’s healthy Series C

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Clickatell the CPaaS innovator and Chat Commerce leader, today announces it has secured $91 million in their Series C round.

This round was led by Arrowroot Capital, with participation from Kennedy Lewis Investment Management, Endeavor Global and Harvest.

 

Clickatell, which has delivered double-digit profitable growth for several years, will use the Series C capital to scale and expand three key areas:

(i) Accelerated development and innovation of its Chat Commerce

(ii) Expansion of its footprint in the U.S.

(iii) Scaling of sales and marketing efforts on the back of growing demand from leading brands.

The new capital will also allow the company to significantly grow its engineering skills. It has already earmarked over 200 positions with a strong focus on boosting its African skills complement in the coming months.

 

–  AfricanBusiness

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