NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

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

According to a press release, Clickatell, which has delivered double-digit profitable growth for several years, will use the Series C capital to scale and expand three key areas: the accelerated development and innovation of its Chat Commerce offering, the expansion of its footprint in the U.S., and scaling of sales and marketing efforts on the back of growing demand from leading brands.

Photo courtesy of Pete Linforth.