"The pandemic has brought into sharp relief the need for communications technologies that are scalable, secure, customizable, and fast-to-market for developers. With the increasing importance of video-based communications, SignalWire's expertise in the integration of Multipoint Control Unit architecture into elastic cloud infrastructure positions the company to continue to lead in a future populated by end-users with a diverse array of use cases, access to networks, and devices. With a focus on ease of integration of multi-channel infrastructure including voice, video, and messaging, SignalWire's core technology allows developers to seamlessly integrate APIs and SDKs into products that consume fewer engineering, bandwidth, and processing resources. The company's Series B round will be used to ramp up the development of a complete, flat, and unified development layer and platform upon which the next generation of communications applications are built. Since its inception, SignalWire's singular focus has been on the democratization of communications applications, and it is now building the infrastructure for Telecom 2.0, the next generation of modern telecommunications technologies. Led by Prosperity7 Ventures, and joined by Storm Ventures, Samsung NEXT, Jerry Yang (AME Cloud Ventures), and Dean Drako (Barracuda Networks), the round brings SignalWire's total funding to $41.6 million to date. PALO ALTO, Calif., J/PRNewswire/ - SignalWire, a global leader in software-defined telecommunications technology, announced today that it has raised $30 Million in a Series B round to accelerate the creation of the next generation of unified cloud communications tools.
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