Saturday, September 21, 2024
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OneSignal: Raises $50M in Series C Funding

OneSignal Raises $50M in Series C Funding

  • OneSignal, a San Mateo, CA-based customer engagement platform provider, raised $50M in Series C funding
  • The funding, which brought total funding since founding to more than $80m, was led by BAM Elevate, an investment division of Balyasny Asset Management, with participation from Nimble Partners and existing investors
  • The company is a customer engagement solution, powering customer journeys across mobile and web push notifications, in-app messaging, SMS, and email
  • The omnichannel platform enables over a million businesses to deliver 10 billion messages daily
  • The company 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
  • In conjunction with the round, Jamie McGurk joined the OneSignal board, bringing 20+ years of operating and investing experience

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