# SignalWire

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/signalwire

- Industry: Software
- Headquarters: Palo Alto, US
- Website: www.signalwire.com
- Total disclosed funding: $26M
- Latest round: Series B (Mar 23, 2022)
- Investors on record: 8

## About

SignalWire, Inc. is a technology company that specializes in Programmable Unified Communications (PUC), offering APIs for voice, video, messaging, and AI to help businesses enhance their communication solutions.Founded in 2017 and headquartered in Palo Alto, US, SignalWire, Inc. provides advanced communication solutions. The company was co-founded by Anthony Minessale, Evan McGee, Michael Jerris, and Sean Heiney. The firm has successfully raised USD 20.00 mn in its SERIES B funding round led by Aramco Ventures on March 23, 2022, bringing the total amount raised to USD 20.00 mn and achieving a current company valuation of USD 147.776 mn.SignalWire offers a robust Programmable Unified Communications (PUC) platform that includes powerful APIs for voice, video, messaging, and AI, designed to enable businesses to build and scale next-generation communication solutions such as contact centers and PBX systems. The platform facilitates seamless connectivity via SIP, PSTN, and WebRTC, allowing for high-reliability communications with ultra-low latency. Key use cases include the creation of customizable AI voice agents, automated Tier 1 support, and real-time communication analytics to enhance customer experiences. SignalWire serves a diverse clientele across various sectors, including education, healthcare, insurance, and marketing, focusing on markets in North America, Europe, and select regions in Asia. By leveraging its fully owned telecom infrastructure, SignalWire is positioned to provide advanced workflow capabilities and compliance with regulatory requirements such as GDPR and HIPAA.SignalWire generates revenue through a subscription-based model for its API services, which includes offerings such as the Voice API, Messaging API, and Programmable Fax API. Clients engage with the platform under a direct-to-business model, enabling organizations to utilize the APIs based on their specific communication needs. The company’s revenue structure is structured around tiered pricing plans that cater to various usage levels, allowing flexibility for both small businesses and large enterprises. Flagship products like the AI Voice Agent and the Programmable Contact Center are integral to the company's offerings, driving recurring revenue as clients integrate these solutions into their operations. The company maintains a focus on scalability, ensuring clients can easily expand their usage as their communication requirements evolve.SignalWire intends to leverage the USD 20.00 mn raised in its SERIES B funding round to accelerate the development of a comprehensive, unified development layer and cloud platform for next-generation communications applications. The company is targeting expansion into new markets, with a focus on increasing its footprint in North America, Europe, and specific regions in Asia by the end of 2023. This strategic initiative will enhance its service offerings and improve customer engagement through innovative product developments.

## Funding rounds

- Series B, Mar 23, 2022 — T-Mobile Ventures
- Series B, Dec 16, 2021 — DTCP
- Series B, May 26, 2021, $20M — Storm Ventures, Barracuda Networks, Inc., AME Cloud Ventures, Aramco Ventures, Samsung NEXT Ventures
- Series A, Jul 31, 2019, $6M — Hong Shan, Storm Ventures, AME Cloud Ventures, Samsung NEXT Ventures

## Investors

- Hong Shan — Series A
- Storm Ventures (https://capitalatlas.ai/funds/storm-ventures) — Series A, Series B
- AME Cloud Ventures (https://capitalatlas.ai/funds/ame-cloud-ventures) — Series A, Series B
- Samsung NEXT Ventures (https://capitalatlas.ai/funds/samsung-next-ventures) — Series A, Series B
- Barracuda Networks, Inc. — Series B
- Aramco Ventures (https://capitalatlas.ai/funds/aramco-ventures) — Series B
- DTCP — Series B
- T-Mobile Ventures (https://capitalatlas.ai/funds/t-mobile-ventures) — Series B