Wavecell is a cloud communications (CPaaS) company founded in 2010 by Olivier Gerhardt. Its platform offers messaging and live-video interaction solutions that can be integrated into existing websites, applications and services. The company targets enterprises and application developers aiming to improve customer communications and experience. Wavecell raised USD$8.15m in a Series B to support its growth. The funds will be used to develop product and technology and to accelerate the company's go-to-market strategy across the Asia Pacific region. Headquartered in Singapore, Wavecell focuses on expanding adoption of its messaging and live-video offerings. Wavecell builds APIs that let developers integrate SMS, voice, chat and video calling into applications. The company serves about 500 enterprise clients across the region. Wavecell says it has been profitable since launch and generated SGD6 million (~$4.3M) in revenue last year. It plans regional expansion and intends to open offices in Hong Kong, Thailand, and Indonesia. Wavecell is concentrating on growing market share in Southeast Asia rather than expanding into the U.S. and Europe. The company highlights local telco and regulatory knowledge as a competitive advantage versus larger providers such as Twilio and Nexmo.

Total raised

$10M

Funding rounds

2

Latest round

Series B

Latest activity

Jun 2017