- CometChat recently announced it raised $10 million in funding. These are the details.
CometChat recently announced it raised $10 million in funding. And this oversubscribed round was led by Signal Peak Ventures and included participation from existing investors Matchstick Ventures, Range Ventures, Unbound VC, and several others.
CometChat successfully attracted more than 50,000 customers building an easy to use, scalable, and secure engagement platform for developers and product managers with very little previous investment in go-to-market strategies. And the Series A funding will accelerate growth, expand market share and enhance the platform through investments in:
— Rapidly scaling the organization
—Expanding and accelerating Go to Market Strategies
—Scaling Platform Infrastructure
—Adding and Enhancing Platform Features
Along with the series A fundraising, CometChat has already begun investing in expansion and preparing for growth with numerous initiatives including the addition of former SendGrid marketing executive Dan Mitzner as the company’s Chief Marketing Officer. And with recent investment in Marketing, CometChat has enhanced the stability and scalability of the platform, ensuring customers can confidently deliver a rich user experience.
KEY QUOTES:
“I’m incredibly excited to partner with the CometChat team as they reimagine the way developers implement chat across websites and apps. When I first met Anuj and Anant a few years ago I immediately knew that they were people that I wanted to work with. I was impressed by their extremely complementary skillsets and by the unique way they were pursuing a developer-first approach to chat. They have since been able to build out a world-class team and I couldn’t be happier to be a part of the CometChat journey.”
— McKay Dunn, Signal Peak Ventures
“We are thrilled to add SPV as an investor and partner as we look to scale our platform offering and expand our growing customer base. This is an important milestone that we wouldn’t have reached without the hard work and dedication of an incredible team. We look forward to further investing in our customers’ success.”
— Anuj Garg, CometChat CEO
