What is Netsize?
Netsize operates as a comprehensive mobile communications and commerce enabler, offering a suite of solutions designed to facilitate seamless mobile interactions. Its core offerings include Mobile Messaging, providing SMS and MMS delivery across 200 countries; Mobile Payment, enabling operator-based billing in 28 countries; and Mobile Content Management platforms that empower businesses to manage messaging services and mobile Internet portals. The company processes over 60 million mobile transactions monthly for a diverse clientele of 800 customers, including Fortune 500 corporations. With a global team of 180 employees spread across 10 offices, Netsize combines robust technical infrastructure with strategic marketing expertise to support its worldwide operations.
How much funding has Netsize raised?
Netsize has raised a total of $33.7M across 4 funding rounds:
Series B
$3M
Other Financing Round
$7M
Series C
$7M
Series D
$16.8M
Series B (2003): $3M with participation from Rothschild
Other Financing Round (2004): $7M led by Upfront Ventures
Series C (2004): $7M supported by http://www.rothschild.com/, Rothschild Gestion, and Partech International S.A.
Series D (2006): $16.8M featuring Upfront Ventures, Partech Ventures, GemVentures, and 123Venture
Key Investors in Netsize
Upfront Ventures
Upfront Ventures is a venture capital firm located in Los Angeles that focuses on investing in technology businesses. Their investment areas include digital media, SaaS, consumer internet, and retail innovation. The firm aims to support startups and emerging companies within these sectors.
Rothschild
Rothschild is a financial institution with a history of investment. Further details on their specific focus within Netsize's funding rounds are not provided in the input data.
Partech International S.A.
Partech International S.A. is an investment firm that has participated in Netsize's funding rounds. Their specific investment thesis or focus area related to Netsize is not detailed in the provided data.
What's next for Netsize?
The recent strategic investment in Netsize signals a strong commitment from its backers to further propel the company's growth and innovation in the rapidly evolving mobile sector. This capital injection is likely to be directed towards enhancing its existing service portfolio, expanding its geographical footprint, and potentially exploring new avenues within mobile commerce and communication technologies. As a key player in managing a high volume of mobile transactions, Netsize is well-positioned to leverage this financial backing to solidify its market leadership and capitalize on emerging opportunities in the digital economy.
See full Netsize company page
