Cloud Telephony Firm Knowlarity Secures $20 Mn In Series C

Cloud telephony company Knowlarity has secured $20 Mn in Series C round of funding, taking the total amount of money raised to $41 Mn.“The success of the latest funding round is a strong indication of the trust our investors have in our vision as well as in our strong focus on robust unit economics, which has seen us recently achieve EBITDA breakeven. We are excited about the investment and the quality of investors coming on board. With the domain expertise they bring on-board, we are confident that we will be able to provide even more innovative Consumer to Business Communication solutions to businesses around the world and establish ourselves as global leaders in the segment.”

The investment was led by Delta Partners with participation from existing investors, Sequoia India and Mayfield. The round also included a small debt-based investment from Blacksoil and Trifecta Capital.