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Oxio Raises $40 Million To Launch In The U.S. And Brazil; Introduces Telecom-As-A-Service To Turn Established Brands Into Telecom Carriers

Mar 16, 2022over 3 years ago

Amount Raised

$40 Million

Description

OXIO, the first telecom-as-a-service platform for brands and enterprises with a white-label, fully-customizable solution to help turn brands into telecom carriers, today announces it has raised $40 million in Series B funding.

Company Information

Company

Oxio

About

OXIO is the first telecom-as-a-service (TAAS) platform for brands and enterprises that unbundles mobile telecom infrastructure, capturing the powerful data and true value that it emits. OXIO’s 100 percent cloud-based solution blends the wireless infrastructure of many providers, enabling something that wasn't possible before — a custom-purposed, asset-light network delivered to each brand in a matter of days. OXIO's B2B SaaS solution unlocks the full and uncompromising control of the wireless experience for brands, including actionable intelligence that drives clear value and results. Mobile data, long locked up in telecom silos, allows brands to get closer to their customers than ever. OXIO is headquartered in New York, with offices in Mexico City and Montreal, Canada. For more information, visit oxio.com.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech