Voice and messaging applications platform provider Plivo has closed a $1.75M seed round from investment firms Andreessen Horowitz, Battery Ventures, Qualcomm Inc and SV Angel. Funding will be used primarily for continued innovation, sales and marketing.
Launched in December 2011, Plivo was first supported by Indian accelerator The Morpheus and later on was taken into YCombinator. Plivo enables enterprises, service providers and web developers to build applications that seamlessly integrate the web with telephony, both fixed and mobile. http://bit.ly/VpLduM
Venture Intelligence is the leading provider of data and analysis on private equity, venture capital and M&A transactions in India as well as Financials & Valuations of Private Companies in the country. Click Here to view our products list including the Free Deal Digest Weekly: India's First & Most Exhaustive Transactions Newsletter.