Knowlarity raises US$16M Series B funding from Sequoia Capital, Mayfield

The Indian cloud telephony startup will use the monies to invest in research and development, and boost expansion internationally

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Indian cloud telephony startup Knowlarity Communications raised US$16 million in Series B funding from Sequoia Capital and Mayfield.

The monies will be used to invest in research and development, and boost expansion internationally.

Earlier this year, e27 reported the Sequoia Capital-backed company is aiming to raise about US$10M to US$15M to expand presence in SEA, Middle East, Latin America.

Mohit Bhatnagar, Managing Director, Sequoia Capital India Advisors said, “Sequoia was the first institutional investor at Knowlarity and over the years we have built a priceless trusting relationship with Ambarish and the management team. A big thank you to the thousands of Knowlarity customers who have helped shape this company and super happy that we will now be welcoming customers across Asia. Knowlarity can help every business manage their precious leads and distributed sales teams with a few simple clicks on their mobile.”

On the funding, Vikram Godse, Managing Director, Mayfield India added, “Knowlarity is solving a big pain-point for businesses, allowing them to communicate faster, cheaper and better. We are very excited to partner with the team to build out what could be the largest cloud telephony company in emerging markets.”

The company’s product SuperReceptionist is a cloud PBX — a hosted business phone system — that allows one to record, route, forward and track every call that a company makes or receives. It plans to use a 360-degree customer acquisition model that includes online marketing, field visits and channel partners to increase its presence in overseas markets.

Also Read: Can telephony service Knowlarity ease communication for SMEs?

Ambarish Gupta, CEO and Founder, Knowlarity Communications said, “Knowlarity is to communications what AWS is to applications. Knowlarity provides the tools needed by businesses to build today and scale tomorrow.”

Headquartered in Singapore, Knowlarity claims over 6500 paying customers worldwide, ranging from mom-and-pop startups to large blue-chip companies.

Twishy

A writer at heart, Twishy thinks that no idea is small and nothing is a mistake. Some of the great works come from beautiful mistakes that are perfectly imperfect. She believes in unearthing new talent and feels that genius can be written on a bar napkin too. Incisive reporting coupled with exceptional ideas has been the love of her life. When not writing, one can find her exploring the best places to hang out with loved ones.

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