Communications Startup Closes $16 Million

SendBird, a messaging solution for enterprises, secured $16 million in financing, led by Shasta Ventures and August Capital. Y Combinator and FundersClub also participated.

SendBird helps add one-on-one messaging and group chat to marketplaces/ecommerce, media, and consumer apps for customers including Nexon, GO-JEK, Traveloka, Healthline, and LG. The company was selected as the “No.1 New Developer Tool of 2016” on StackShare, and “AWS Hot Startup” by Amazon.