SendBird raises USD 16m in Series A round led by Shasta Ventures

SendBird, a global provider of chat API and messaging SDK for in-app chat and messaging, raised USD 16 million during its Series A led by Shasta Ventures and August Capital with participation from existing investors at Y Combinator and FundersClub, the company said.

SendBird, K-ICT Born2Global Centre´s member company, launched in 2015 in Korea with co-founders John S. Kim, Brandon Jeon, Harry Kim, and Forest Lee as a chat solution for mobile and web applications. It has since moved its headquarters to Silicon Valley, while retaining its Research and Development office and APAC branch in Seoul, Korea.

Since then, SendBird powers chat for over 6,500 applications in 153 countries globally. It can support over a million concurrent users for each application, making it the most scalable chat API available. Their top global customers include GO-JEK, Nexon, TMON, SSG, KB (Kookmin Bank), and Healthline.

Doug Pepper, Managing Director at Shasta Ventures and Villi Iltchev, Partner at August Capital will join SendBird´s board of directors.

SendBird (https://sendbird.com) is a global provider of chat API for in-app chat and messaging. SendBird powers chat for over 6,500 applications in 153 countries globally. It can support over a million concurrent users for each application, making it the most scalable chat API available. Their top global customers include GO-JEK, Nexon, TMON, SSG, KB (Kookmin Bank), and Healthline.

K-ICT Born2Global Centre (https://born2global.com) is a full-cycle service platform for global expansion. Since inception in 2013, Born2Global has been setting the standard for a successful startup ecosystem as the main Korean government agency under the Ministry of Science and ICT. Born2Global has expanded and transformed startups to be engaged, equipped and connected with the global market.