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SpinVox, the founder and global leader in Voice-to-Screen
messaging has recently announced that it has secured over $100 million in a new
funding round.
According to the company’s CEO, the funds will be completely
devoted to further building the global business of the UK-headquartered company.
The company already operates on four continents and has signed deals with 12
carrier networks and intends to double that number during the next year.
“Closing this funding round is an exceptional achievement
given the current state of the global financial markets,” says Christina Domecq,
CEO and Co Founder of SpinVox. “We are delighted to have this group of
institutional investors join the company. It clearly underlines the confidence
these high-calibre investors have in SpinVox and the management team.”
The very large new round of financing builds on previous
investments made in the company by private equity investors such as Martin
Hughes, Charles Dunstone of Carphone Warehouse and Peter Wood, the founder of
Direct Line, eSure and Sheila’s Wheels and institutional investors such as ABN
Amro, Gartmore and Allen & Co.
“We built SpinVox to answer a real need in the marketplace
and have now established a vast new market for voice-to-screen messaging which
we continue to lead,” continues Christina. “One of the many reasons why people
are getting so excited about SpinVox is that it is one of the few genuinely
innovative companies to have emerged in the telecommunications arena in recent
years. SpinVox is transforming core messaging for carriers world-wide and
delivering new, recurring revenues from existing user behavior.”
Goldman Sachs International acted as exclusive financial
adviser to SpinVox on the transaction.
“This is the greatest service since vaccination. I am
totally hooked and my life is changed. It is truly awesome!” says Mike Landman,
CEO of Ripple (www.rippleit.com)
For more information, please visit
www.spinvox.com
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