AAA Telstra hears Whispir in series A round

Telstra hears Whispir in series A round

Australia-based communications technology provider Whispir raised A$11.75 ($8.9m) in a series A round yesterday featuring Telstra Ventures, the corporate venturing unit of telecommunications firm Telstra.

NSI Ventures, a venture capital firm backed by Singapore’s sovereign wealth fund Temasek, also took part in the round, as did advisory firm Rippledot Capital, Whispir co-founder and chief executive Jeromy Wells, and assorted angel investors.

Whispir operates a cloud-based service that allows customers to design apps for internal and customer-facing communications with limited coding skills. The technology is built on top of cloud communications platform Twilio.

The company’s clients include Telstra, computing technology provider IBM and state-owned national public broadcaster Australian Broadcasting Corporation.

The funding will go towards continued expansion across Asia, where Whispir has been experiencing 145% year-on-year growth in Singapore, and the US, where it has opened offices in Seattle and San Francisco.

Telstra Ventures previously provided A$4m in seed funding for Whispir in 2012.

– A version of this article originally appeared on our sister site, Global Government Venturing.

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