Amsterdam’s Messagebird extends Series C round, raises $1 billion, snaps up US-based SparkPost for $600 million
April 28th, 2021.
It’s been a few red-hot weeks over at the Messagebird HQ. Just last month the company announced the acquisitions of video platform 24sessions and customer data platform hull.io. These purchases came on the heels of a $200 million Series C funding round, and through an extension of this round, the omnichannel communications platform has now raised a whopping $1 billion.
Checking the records and the recollection, I’m hard-pressed to find a European Series C round that can top this number.
Continuing their shopping spree, Messagebird has entered a definitive agreement to purchase Colombia, Maryland-based predictive email platform SparkPost for $600 million. The transaction is expected to be finalised in Q2 of this year, following the obligatory regulatory approvals and satisfactory closing conditions.
Wednesday 24 February 2021
Gartenfeld Island, in Berlin’s western suburb of Spandau, was once the bellows of Germany’s industrial revolution. It hosted Europe’s first high-rise factory and, until World War II, helped make Berlin, behind London and New York, the third-largest city on Earth.
Today’s Berlin is still a shell of its former self (there are over a hundred cities more populous), and the browbeaten brick buildings that now occupy Gartenfeld Island offer little in the way of grandeur. Flapping in the gloom of a grey November morning in 2020 is a sign which reads, in German, “The Last Days of Humanity”.