US-based mobile communication software provider Movius has secured $45m in a series D round featuring Anschutz Investment Company, the venture capital arm of diversified holding group Anschutz Corporation.
Investment banking firm JPMorgan Chase led the round, participating alongside VC firms PointGuard Ventures and New Enterprise Associates (NEA). The company said the round increased its overall equity funding to $91m.
Founded in 1999, Movius has developed cloud software that enables enterprises to integrate voice, text and messaging services into existing systems such as customer relationship management platforms or collaboration software tools.
The company’s mobile app, MultiLine, allows corporates to communicate with their customers through their personal devices. Movius will use the investment to fund its expansion plans in Europe and Asia.
Movius chief executive John Loiacono said: “This investment is particularly important as a testament to the power of our solution to simplify the complex needs of the financial services sector and other key markets around the globe.”
PointGuard had previously led a $13m round for Movius in 2014 that included Anschutz Investments and NEA, before the same three investors provided $15m of series C funding in June 2017 alongside an unnamed Asia-based private equity management firm and several US family offices.