Company:Infobip

From HandWiki
Infobip Ltd.
TypeLimited company
IndustryMobile Communications Telecommunications
Cloud Solutions
Founded2006
FoundersSilvio Kutić (CEO)

Roberto Kutić (COO)

Izabel Jelenić (CTO)
Headquarters
London, United Kingdom (legal)
Vodnjan, Croatia (de facto)[1]
Area served
200+ Countries
ProductsCommunications Platform as a Service (CPaaS)
A2P Messaging
A2P SMS Platform
2-Way SMS
SaaS
CCaaS
2 Factor Authentication
SMS API
Number Validation
Push Notifications
OTT messaging
A2P RCS[2]
RCS Business Messaging Omnichannel messaging
Voice
Email
AIT Fraud detection
Revenue€1.2 bn (2021)[3]
€1.55 bn (2022)
€1.735bn (2023)
Number of employees
4000+ (2021)[4][5]
Websitewww.infobip.com

Infobip is a Croatian IT and telecommunications company founded in 2006.[6]

In July 2020, Infobip raised $200 million in a Series A funding round led by One Equity Partners, having reached a $1 billion valuation.[7] Later that year, Infobip acquired OpenMarket, a Seattle-based cloud messaging provider.[8]

History

Infobip was founded by Silvio Kutić, Roberto Kutić, and Izabel Jelenić in Vodnjan, Croatia, in 2006.[9][10] Before this, Silvio Kutić developed a platform called Virtual Community, which facilitated group communication via web, email, and SMS. The platform’s first use was for sending a Christmas message from the Vodnjan town hall to members of the diaspora. Recognizing limitations in the platform’s scalability, Kutić began developing a communications API, which eventually led to the formation of Infobip.[11][12]

In 2014 and 2015, the company expanded operations into Latin America and the Asia-Pacific region.[13][14][15]

In 2020, Infobip raised $200 million from One Equity Partners. At the time, its valuation was estimated to exceed $1 billion, making it the first Croatian company to reach "unicorn" status (a term referring to privately held startups valued over $1 billion).[7][16] That year, Infobip also acquired OpenMarket, a cloud messaging firm based in Seattle, United States.[17]

In 2021, Infobip acquired Shift Conference, a technology conference organizer focused on areas such as software development, fintech, and artificial intelligence.[18]

In July 2022, Infobip acquired Peerless Network, a U.S.-based telecommunications provider founded in 2008.[19] Infobip reported revenues of €1.55 billion in 2022 and €1.735 billion in 2023.[20] Its communications platform handled 453 billion interactions annually, with 301 billion being SMS interactions.[21] During Cyber Week 2024, the company reported an increase in total interactions from 8.2 billion in 2023 to 11.6 billion in 2024.[22][23][24]

Infobip Startup Tribe

Since 2023, Infobip has provided financial and resource-based support to more than 300 startups through its Startup Tribe program.[25]

Campuses

In September 2017, the company opened a 17,000-square-meter campus named Pangea in Vodnjan, Croatia.[26]

Zagreb Campus - Opened in 2022

IIn 2022, Infobip opened a second campus in Zagreb, named Alpha Centauri[27]. Designed by the 3LHD architectural firm, the 20,000-square-meter campus is located near the Sveta Klara and Remetinec neighborhoods.[27]

See also

References

  1. Stojkovski, Bojan. "The unicorn effect: how Croatian tech giant Infobip gives back to the tech community". https://therecursive.com/the-unicorn-effect-how-croatian-tech-giant-infobip-gives-back-to-the-tech-community/. 
  2. "Vodafone i Infobip predstavili RCS pilot projekt". ICT Business. 9 March 2018. https://www.ictbusiness.info/telekomunikacije/vodafone-i-infobip-predstavili-rcs-pilot-projekt. Retrieved 2018-05-17. 
  3. Hu, Krystal (30 July 2020). "Exclusive: European software startup Infobip raises over $200 million in Series A funding - sources". Reuters. https://www.reuters.com/article/us-infobip-fundraising-exclusive/exclusive-european-software-startup-infobip-raises-over-200-million-in-series-a-funding-sources-idUSKCN24V05E. Retrieved 3 August 2020. 
  4. "Infobip uvršten među deset najinovativnijih kompanija na svijetu". https://www.index.hr/vijesti/clanak/infobip-uvrsten-medju-deset-najinovativnijih-kompanija-na-svijetu/2188002.aspx. 
  5. "Foto: Poznata IT i telekomunikacijska tvrtka gradi novi i još veći kampus u Zagrebu". Poslovni. 29 November 2018. https://www.poslovni.hr/hrvatska/foto-poznata-it-i-telekomunikacijska-tvrtka-gradi-novi-kampus-u-zagrebu-347461. Retrieved 2018-11-29. 
  6. "Network International partners Infobip to bring WhatsApp business banking services to Africa" (in en). 2022-07-25. https://www.finextra.com/pressarticle/93502/network-international-partners-infobip-to-bring-whatsapp-business-banking-services-to-africa. 
  7. 7.0 7.1 "Exclusive: European software startup Infobip raises over $200 million in Series A funding - sources". reuters.com (Reuters). 30 July 2020. https://www.reuters.com/article/us-infobip-fundraising-exclusive/exclusive-european-software-startup-infobip-raises-over-200-million-in-series-a-funding-sources-idUSKCN24V05E. Retrieved 3 August 2020. 
  8. Butcher, Mike (2022-07-26). "Croatian comms platform Infobip acquires VoIP provider Peerless Network for $200M" (in en-US). https://techcrunch.com/2022/07/26/us-and-european-comms-platform-infobip-acquires-voip-provider-peerless-network-for-200m/. 
  9. Entrepreneurial incubator helps start-ups grow Istrian Development Agency, April 2006
  10. "Meet the Leaders of Startups 注目スタートアップ CxO インタビュー Infobip : TechMarket". https://www.techmarket.io/articles/2017/10/89838/. 
  11. Kumbhar, Sheetal (2017-05-17). "Snapshot : Silvio Kutic, CEO of Infobip | VanillaPlus - The global voice of Telecoms IT" (in en-GB). VanillaPlus - The global voice of Telecoms IT. https://www.vanillaplus.com/2017/05/17/27162-snapshot-silvio-kutic-ceo-infobip/. 
  12. Prakash, Prarthana. "How Croatia’s first unicorn grew from a small village with a $16,000 loan from parents to working with WhatsApp and Uber" (in en). https://fortune.com/europe/2024/01/20/infobip-silvio-kutic-croatia-first-unicorn/. 
  13. "Infobip: gigante croata de SMS monta estrutura no Brasil". Mobile Time. 29 June 2015. http://www.mobiletime.com.br/29/06/2015/infobip-gigante-croata-de-sms-monta-estrutura-no-brasil/415068/news.aspx. Retrieved 2017-05-04. 
  14. "本网页已删除". http://science.china.com.cn/2015-12/02/content_8420252.htm. Retrieved 2017-05-04. 
  15. "British telecom firms seek expanded trade ties with PH - Newsbytes Philippines". 2015-11-22. http://newsbytes.ph/2015/11/22/british-telecom-firms-seek-expanded-trade-ties-with-ph/. Retrieved 2017-05-04. 
  16. "Infobip: Croatian Company Raises 200 Million US Dollars for Investment". Total Croatia News. 31 July 2020. https://www.total-croatia-news.com/made-in-croatia/45413-infobip. Retrieved 3 August 2020. 
  17. "Infobip to Acquire OpenMarket, creating a leading cloud communications player with unparalleled global reach - Infobip Infobip to Acquire OpenMarket". https://www.infobip.com/news/infobip-to-acquire-openmarket. 
  18. Tucker, Charlotte (2021-04-12). "London-based cloud communciations company Infobip acquires Croatia-based Shift" (in en-US). https://www.eu-startups.com/2021/04/london-based-cloud-communciations-company-infobip-acquires-croatia-based-shift/. 
  19. "Information technology company Infobip buys VoIP service provider Peerless Network for $200 million" (in en). https://insiderapps.com/news/information-technology-company-infobip-buys-voip-service-provider-peerless-network-200-million. 
  20. "Plivo Company Profile". https://sales.superagi.com/company/plivo. 
  21. client. "Conversational era demands brands accelerate digital transformation". https://www.ft.com/partnercontent/infobip/conversational-era-demands-brands-accelerate-digital-transformation.html. 
  22. "Infobip Forecasts Growth in Online Sales This Black Friday | Business Wire" (in sv). https://via.tt.se/pressmeddelande/3686843/infobip-forecasts-growth-in-online-sales-this-black-friday?publisherId=259167&lang=en. 
  23. CORRESPONDENT (2024-12-23). "Cyber Week sees 94pc spike in email interactions, Infobip reports" (in en-US). https://www.capitalfm.co.ke/business/2024/12/cyber-week-sees-94pc-spike-in-email-interactions-infobip-reports/. 
  24. "Infobip sets new record with 11.6 billion Cyber Week interactions" (in en). 2024-12-30. https://www.thecitizen.co.tz/tanzania/news/national/infobip-sets-new-record-with-11-6-billion-cyber-week-interactions-4874306. 
  25. Marzo, Stefano De (2023-12-18). "Croatia-based Infobip supports more than 300 startups with €1.8 million through flagship programme" (in en-US). https://www.eu-startups.com/2023/12/croatia-based-infobip-supports-more-than-300-startups-with-e1-8-million-through-flagship-programme/. 
  26. "News: Pangea Campus presented to the public" (in en-US). https://www.infobip.com/news/pangea-campus-presented-to-the-public. 
  27. 27.0 27.1 "Croatia's first unicorn opens 150 million kuna campus in Zagreb" (in en). 2022-04-15. https://www.croatiaweek.com/croatias-first-unicorn-opens-150-million-kuna-campus-in-zagreb/.