Venture Capital News: OneSignal Announces $50M Series C Round
2022-09-01
SAN MATEO, CA, OneSignal, the world's leading customer engagement platform, today secured $50 million in Series C funding.
The new financing will be used to advance OneSignal's unified messaging and orchestration capabilities, enhance its mobile data-driven email product, and deepen its geographic footprint in Europe, Asia, and Latin America. The funding brings OneSignal's total investment since founding to more than $80 million, led by BAM Elevate, an investment division of Balyasny Asset Management with participation from Nimble Partners and existing investors SignalFire and Zach Coelius. They will join OneSignal's other existing investors, including Rakuten Ventures, Yes.vc, HubSpot, and Y Combinator.
OneSignal is the market-leading customer engagement solution, powering customer journeys across mobile and web push notifications, in-app messaging, SMS, and email. The powerful and easy-to-use omnichannel platform enables over a million businesses to deliver 10 billion messages daily. OneSignal supports 500,000 mobile applications - nearly 15% of all apps - enabling companies in 140 countries, including Zynga, USA Today, Bitcoin.com, Upwork, Tribune, and more.
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