Mobiz raises US$2 million to expand its SMS marketing platform

The SMS marketing platform known as Mobiz has raised US$2 million in a funding round that Kalon Venture Partners participated as an investor.  Mobiz uses its bespoke technologies to help bring brands closer to customers and tell the right story at the right time. Mobiz helps businesses across a range of industries to create meaningful engagements with their customers through SMS. The company was established in 2014 and has since enabled brands to access over 20 million customers.

Kalon Venture Partners invests in and builds a portfolio of high growth technology companies with innovative business models. Kalon Venture Partners invests growth capital in the form of equity to assist established, high-risk ventures in expanding activity such as creating additional traction in South Africa, launching into African and foreign markets. The company has invested in companies such as Sendmarc, Flow, FinChatBot, Ozow and SnapnSave amongst others. The stake acquired was undisclosed.

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