What is Movius?
Movius offers MultiLine by Movius, a trusted solution enabling the use of mobile voice, text, and WhatsApp for business and customer communications worldwide. The platform is designed for enhanced convenience, cost-effectiveness, and compliance, making it a preferred choice for major financial institutions and enterprises. With headquarters in Alpharetta, GA, and additional offices in London, UK, and Bangalore, India, Movius collaborates with prominent global partners such as T-Mobile, BlackBerry, BT Global, and Bridge Alliance. The company's focus on secure, unified communication addresses the evolving needs of a distributed workforce and customer engagement.
How much funding has Movius raised?
Movius has raised a total of $147.4M across 6 funding rounds:
Private Equity
$26.7M
Series A
$26.7M
Private Equity
$12.8M
Private Equity
$21.2M
Series C
$15M
Series D
$45M
Private Equity (2013): $26.7M, investors not publicly disclosed
Series A (2013): $26.7M, investors not publicly disclosed
Private Equity (2014): $12.8M supported by New Enterprise Associates, PointGuard Ventures, and Kleiner Perkins Caufield & Byers
Private Equity (2017): $21.2M featuring New Enterprise Associates and Kleiner, Perkins, Caufield and Byers
Series C (2017): $15M backed by New Enterprise Associates and PointGuard Ventures
Series D (2019): $45M with participation from PointGuard Ventures, Anschutz Investment, JPMorgan Chase, and New Enterprise Associates
Key Investors in Movius
New Enterprise Associates
New Enterprise Associates (NEA) is a prominent venture capital firm established in 1977, headquartered in Menlo Park, California. NEA focuses on empowering entrepreneurs to build impactful businesses.
PointGuard Ventures
PointGuard Ventures is an early-stage technology venture capital firm based in the San Francisco Bay Area, dedicated to supporting entrepreneurs in developing innovative solutions through converging technologies.
Anschutz Investment
Anschutz Investment is associated with The Anschutz Company, a diversified entity with historical involvement in oil and gas projects across various US basins.
What's next for Movius?
The substantial enterprise-level funding positions Movius for continued expansion and innovation in the competitive mobile communication landscape. Future strategic initiatives are likely to focus on enhancing its secure communication platform, expanding its global reach, and deepening partnerships with key industry players. This capital infusion will enable Movius to further solidify its market leadership, particularly within the financial sector, by offering advanced compliance and cost-efficiency features for mobile business communications.
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