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Eurazeo s Growth Team Splits To Form New Fund

MessageBird acquires US-based SparkPost for $600m, extends Series C and raises $1B to become world s largest omnichannel provider

MessageBird acquires US-based SparkPost for $600m, extends Series C and raises $1B to become world s largest omnichannel provider 29th April 2021 ● MessageBird’s customer portfolio includes GRAB, Atlassian into the business ● Combined company will have 700 employees, serve more than 25,000 customers, and have a run-rate of over US$500 million ● Company plans to almost double Asia headcount in 2021, with ambitions to reach 150 employees by 2023 Singapore (Antara/Business Wire)- MessageBird, the world’s leading global omnichannel communication platform, today announces it has entered into definitive documentation to acquire US-based SparkPost, the world’s largest, first and only predictive email intelligence platform. The deal values SparkPost at US$600 million, and the transaction is expected to close in Q2 following receipt of customary regulatory approvals and satisfaction of customary closing conditions.

Amsterdam s Messagebird extends Series C round, raises $1 billion, snaps up US-based SparkPost for $600 million

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.

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