A Communications-platform-as-a-service (CPaaS) enablement platform, Enabld Technologies, has grabbed $1.4 million in seed funding from private investors in different regions. The round was led among others by Wale Ajisebutu, Chairman and CEO of 21st Century Technologies.
How will Enabld use funds?
The investment marks the company’s first significant milestone in recent months, after its first year of existence. The financing will let Enabld Technologies to further develop its growing network of versatile and cutting-edge communication platforms and solutions, along with new tools to support Communication Service Providers, Telcos, and Enterprises to fully integrate and tokenise their communication suite in the cloud.
“The cloud communication space is an enormous new frontier forcing sudden changes for nearly every Communication and Telco companies and millions of users worldwide. As a telco and communication veteran and investor, I’m excited to back these founders in defining the future of communication. Enabld’s founding team brings close to 50 years combined of experience and tons of relevant insights and experience in execution,” said Wale Ajisebutu, Chairman and CEO of 21st Century Technologies.
“The future of communication is here,” said Enabld’s CRO Carlos Villanueva. “This investment is a strong commitment and show of confidence in our vision to change access to the CPaaS market for small and medium Communication Service Providers as well as large Telco and enterprises.”
“In the past 12 months, we’ve proven product-market fit across a wide variety of markets including all sizes service providers and telcos across 3 different continents,” said Enabld’s CEO Calin Calancea. “Now it’s time to put our foot on the gas pedal. This investment validates our mission and is essential for the next stage of our growth.”
What does Enabld do?
CPaaS is a cloud-based platform that allows companies to embed communications into applications and create customised flows to enhance the customer and employee experiences. CPaaS makes it easy to add on SMS to applications and workflows so companies can automate actions like appointment reminders, delivery confirmations, payment due dates, and customer surveys.
Founded in 2021 by seasoned executives with experience in international telecommunication and enterprise SaaS solutions and led by CEO Calin Calancea, Enabld Technologies provides AI communication and tokenisation solutions which has been adopted by many customers worldwide. Headquartered in the USA, the company operates in Moldova and Belgium.
Enabld is a one-stop-shop communication platform to enable CSPs and enterprises to embed real-time communications into business workflows and applications without significant investment in their own cloud infrastructure. It works with the mission to enable telcos and service providers to launch and grow enterprise communications at scale. The company transforms traditional communication service providers into CPaaS enablement providers.
Recently recognised as a player in the CPaaS enablement space in Rocco’s CPaaS market Intelligence report 2022, Enabld, has seen rapid growth and recognition among peers. Their itechnology offering in the AI communication and tokenisation space has been adopted by many customers worldwide.
