T-Mobile Ventures Invests in SignalWire

<div class&equals;"row">&NewLine;<div class&equals;"col-sm-10 col-sm-offset-1">&NewLine;<p><strong><span class&equals;"legendSpanClass"><span class&equals;"xn-location">PALO ALTO<&sol;span><&sol;span><&sol;strong> &&num;8212&semi; SignalWire&comma; a developer software-defined telecommunications infrastructure&comma; announced that T-Mobile Ventures&comma; the venture arm of cellular provider T-Mobile&comma; has participated in its Series B round with an undisclosed amount&period;<&sol;p>&NewLine;<p>T-Mobile is the first U&period;S&period; operator to invest in SignalWire&comma; and joins Deutsche Telekom and others collaborating with SignalWire to equip developers worldwide with voice&comma; video and messaging APIs to build modern communications applications&period;<&sol;p>&NewLine;<p>In <span class&equals;"xn-chron">June 2021<&sol;span>&comma; SignalWire had secured <span class&equals;"xn-money">&dollar;30 Million<&sol;span> in the first closing of a Series B round&comma; led by Prosperity7 Ventures&period; Round B is now complemented by a second closing with the investment by T-Mobile Ventures&period; The funding will be used to ramp up the development of a complete&comma; flat&comma; and unified development layer and cloud platform upon which the next generation of communications applications are built&period;<&sol;p>&NewLine;<p>With SignalWire&comma; developers can easily build Web and mobile applications that integrate hundreds of simultaneous video&comma; voice and messaging streams in the cloud for streaming back in a single feed to large audiences&period; SignalWire takes a unique approach delivering APIs and SDKs that enable developers to reach &lt&semi;50ms latency in large-scale video and voice applications&period; Its APIs align perfectly with the low latency&comma; high speeds&comma; and broad national coverage of T-Mobile&&num;8217&semi;s 5G network&period;<&sol;p>&NewLine;<&sol;div>&NewLine;<&sol;div>&NewLine;<div class&equals;"row">&NewLine;<div class&equals;"col-sm-10 col-sm-offset-1">&NewLine;<p>&&num;8220&semi;T-Mobile&&num;8217&semi;s leadership in 5G along with its vision and bold set of strategies make them an ideal partner&comma;&&num;8221&semi; said <span class&equals;"xn-person">Anthony Minessale<&sol;span>&comma; Co-Founder and CEO of SignalWire&period; &&num;8220&semi;We have a shared vision to execute the digital transformation of telecommunications and that starts with arming developers with powerful tools&period;&&num;8221&semi;<&sol;p>&NewLine;<p>SignalWire APIs deliver new efficiencies and provide greater flexibility allowing developers to build and scale unprecedented forms of communications products and workflows like interactive video &&num;8220&semi;watch parties&&num;8221&semi; for thousands of simultaneous participants or virtual concerts where the musicians can hear the audience respond in real-time&period;<&sol;p>&NewLine;<p>&&num;8220&semi;T-Mobile is thrilled to be the first US wireless provider to invest in SignalWire&period; As we shared in our 5G Forward announcement&comma; we envision a future where everything that can be connected&comma; will be&period; And that requires massive innovation&comma;&&num;8221&semi; said <span class&equals;"xn-person">Rob Roy<&sol;span>&comma; SVP of Emerging Products at T-Mobile&period; &&num;8220&semi;SignalWire&&num;8217&semi;s solutions are all about enabling developers to build better and faster&period; This investment is another step in unlocking innovation on our industry-leading 5G network&period;&&num;8221&semi;<&sol;p>&NewLine;<p>SignalWire is founded by the creators and primary maintainers of the FreeSWITCH open-source project&comma; whose software is the foundation of telecommunications products for Vonage &lpar;recently acquired by Ericsson&rpar;&comma; Five9s&comma; Amazon&&num;8217&semi;s Chime product&comma; Dialpad&comma; Zoom Phone&comma; and thousands more&period;<&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;<&sol;div>&NewLine;<&sol;div>&NewLine;