CometChat, a CPaaS platform raises $1.6 million
Denver based Range VC and Silicon Badia from New York have invested in the Company
Funds raised will be used for scaling up the Sales and Marketing teams as well as shoring up product development
CometChat enables businesses to integrate voice, video, and text chat experiences in their mobile apps, web apps, and websites.
Denver-based CometChat, a CPaaS (Communication Platform as a Service) startup, has raised $1.6 million in a Seed financing round from Colorado-based Range Ventures, NY-based Silicon Badia, and Delaware-based iSeed Ventures.
CometChat, which was incorporated in the US in 2019, by Anuj Garg and Anant Garg, works with top global enterprises by providing plug & play communication products to improve brands’ user engagement. CometChat, a product tech company, designs critical functions like chat, video, and live event capabilities within websites and apps to help enterprises who are looking to boost user engagement accelerate their go-to-market time. Their product and solutions help enterprises save hundreds of developer hours and the associated costs that come with implementing a real-time communication solution.
Anuj Garg, Co-founder & CEO, CometChat, says, “CometChat has been working in the space of designing effective chat and video solutions for our customers. Today, we have built a strong customer base and developer community and with the backing of well-known VCs, we believe our growth rate will accelerate and help us hit the next set of milestones quicker than before.”
The company chose to remain bootstrapped until last year. Earlier in 2019 it was a part of the TechStars Boulder Accelerator Program and received funding as part of the program. The funds raised in the Seed round will be used to scale up sales and marketing functions.
This capital will help CometChat, a B2D (business to developer) company, fuel growth by entering new markets with their Developer-First marketing approach and make significant investments towards product development.
Adam Burrows, Co-Founder, Range Ventures, says, “Integrated collaboration and chat is a mission-critical part of every app in the post-COVID economy, as evidenced by the tremendous organic demand for CometChat’s platform. We are impressed by CometChat’s developer-friendly product and are excited to be invested in another exceptional Denver-based company.”
CometChat, a global leader in Communication-Platform-as-a-Service (CPaaS), provides thousands of customers with a communication platform for their websites, web apps, mobile apps, and IoT. Its extensible platform seamlessly enables developers to add voice, video, text chat along with a host of other features like bots, moderation, encryption. Used by over 50,000 customers worldwide with billions of messages being exchanged per month, CometChat is loved by developers worldwide. CometChat has been founded by twin brothers Anant Garg and Anuj Garg. CometChat products enable beginner developers and business owners to add a full-fledged messaging and communication platform within their website and apps in minutes using a plug-and-play interface. It also enables intermediate and expert developers to easily customize and scale their communication requirements using their SDKs and APIs.