Mobile Messaging Service Cotap Raises $10M Series B
January 29, 2014
Cotap, the provider of an enterprise mobile messaging service, has received $10 million in second round funding, bringing its total VC backing to $15.5 million. Emergence Capital Partners led the new round, with participation from existing investor Charles River Ventures. Cotap will use the additional financing to rapidly scale its engineering, sales and marketing teams to drive growth and product development, as well as expand to new mobile platforms.
Cotap offers a secure mobile messaging app for employees to connect and collaborate across departments and geographies. Anyone with a work email address can sign up for the service for free, then find and message anyone in their organization without the hassle of asking for multiple phone numbers. Users can also sync their calendar to message meeting attendees with important updates or changes. Launched in October 2013, Cotap already has over 6,000 companies using its iOS app, with an Android launch expected shortly.