Round B is now complemented by a second closing with the investment by Deutsche Telekom, which has been advised by the investment management group DTCP.
In June 2021, SignalWire had secured $30 Million in a first closing of a Series B round, led by Prosperity7 Ventures. SignalWire’s founders are the creators and primary maintainers of the Open Source FreeSWITCH project, whose software is the foundation of telecommunications products for Vonage (recently acquired by Ericsson), Five9s, Amazon’s Chime product, Dialpad, Zoom Phone, and thousands more. The resulting efficiencies and flexibility allow developers to build and scale unprecedented forms of communications products and workflows like interactive video “watch parties” for thousands of simultaneous participants or virtual concerts where the musicians and can hear the audience respond in real time. With a focus on delivering the lowest possible latency, CPU, and bandwidth consumption for video and voice telecommunications across diverse network and device conditions and easy integration into web and mobile apps, SignalWire’s unique approach integrates hundreds of simultaneous video, voice, and messaging streams in the cloud and streams a single feed back to all participants. Ex-Twitter execs deny pressure to block Hunter Biden story
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