MBlox

Mblox was the largest independent cloud-based mobile messaging provider globally, handling more mission-critical traffic for companies than any other service.

Launch date

Jan 1999

Employees

51-200 people

Market cap

Enterprise valuation

CAD160m (Public information from Oct 2017)

Company register number 556882-8908

Stockholms kommun Stockholm County (HQ)

http://www.mblox.com

https://twitter.com/wearesinch https://www.linkedin.com/company/mblox/

Revenues, earnings & profits over time

SEK	2016	2017	2018	2019	2020	2021	2022
Revenues	2.3b	3.1b	4.0b	5.0b	8.0b	16.2b	27.7b
% growth	176 %	31 %	30 %	26 %	59 %	102 %	71 %
Profit	112m	134m	180m	274m	446m	908m	(4.9b)
% profit margin	5 %	4 %	5 %	5 %	6 %	6 %	(18 %)

Date	Investors	Amount	Round
-	SPARK Ventures	N/A	-
Jun 2003	Norwest Venture Partners Duff Ackerman and Goodrich	$8.0m	Series A
Jul 2004	Scale Venture Partners Entrepreneurs Fund Norwest Venture Partners DAG Ventures Avanti Capital	$10.0m	Series B
Mar 2005	ORIX USA ORIX USA Corporation	$7.5m	Series C
Feb 2006	Scale Venture Partners Norwest Venture Partners Trident Capital Avanti Capital	$25.0m	Series D
Jan 2008	N/A	$22.0m	Series E
Apr 2011	Scale Venture Partners Industrifonden EDBI Norwest Venture Partners Trident Capital Avanti Capital	N/A	Late VC
Jun 2011	Scale Venture Partners EDBI Norwest Venture Partners Trident Capital Avanti Capital	$13.8m	Late VC
Oct 2013	Stratim Capital	N/A	Secondary
Jul 2014	Saints Capital Scale Venture Partners Norwest Venture Partners Trident Capital Comerica Bank Avanti Capital Horizon Technology Finance Corporation	$43.5m	Debt
May 2016	Sinch	$117m Valuation: $117m 1.1x EV/LTM Revenues	Acquisition
Total Funding		CAD118m