Nexmo Named to the "2014 CNBC Disruptor 50" Saluting Private Companies for Innovation in Industry and Society - WICU12 HD WSEE Erie, PA News, Sports, Weather and Events

Nexmo Named to the "2014 CNBC Disruptor 50" Saluting Private Companies for Innovation in Industry and Society

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SOURCE Nexmo

SAN FRANCISCO, June 19, 2014 /PRNewswire/ -- Nexmo, a leading cloud communication API company, today announced that it has been named to the "2014 CNBC Disruptor 50: The most innovative start-ups in business," for its unique and innovative, cloud-based mobile communication solutions. The CNBC Disruptor 50 is an annual list of venture-backed private companies that are shaking up the landscape, threatening the status quo across industries and for specific market leaders.

According to CNBC, the private companies included in the Disruptor 50 have, "A dramatic impact across their industries and society. These so-called 'disruptors' are remarkable in that they have identified an unexploited niche in the market and rushed to fill it, all the while pushing the boundaries of the status quo. In the process, they have built ecosystems for new products and services and turned traditional sectors upside down."

"Nexmo is honored to be listed in the CNBC Disruptor 50 among some of the most valued start-ups," said Tony Jamous, CEO, Nexmo. "This further validates how our approach combining mobile, cloud and communication benefits our customer needs across the globe."

Nexmo's cloud-to-mobile solutions provide comprehensive APIs enabling app developers and enterprises to reach customers and devices in any geography around the world via innovative mobile text-messaging and voice experiences. Nexmo's unique direct-to-carrier approach, Adaptive Routing™ and real-time analytics enable unmatched quality of delivery and end-user experience while controlling common latency, security and cost challenges.

Nexmo has achieved tremendous growth and expansion over the past two years. From 2012 to 2013, Nexmo grew its revenue by more than 350 percent, from $8 million in 2012 to an over $40 million run rate in 2013. Nexmo expects to surpass $60M in revenue in 2014, and grow to 95 employees worldwide. In addition, Nexmo has raised $22.8 million in venture capital since its founding, including a series C funding round of $18 million led by private equity fund Sorenson Capital in January 2014. Furthermore, Nexmo now has five billion users in over 200 countries globally, across a network of 700 mobile operators. Its platform can handle more than 250 million messages a month.

Companies and apps such as Airbnb, Alibaba, Line, Viber, and WeChat use Nexmo for their business critical, international communication needs. For customer success stories, please visit: https://www.nexmo.com/customers/.

About Nexmo
Since 2011, Nexmo (www.nexmo.com) has extended the cloud experience to handsets around the world, delivering both high quality messaging and voice capabilities to application developers and enterprises worldwide. High volume communication players such as Airbnb, Line, and Viber send millions of messages per month using Nexmo's Cloud API. Nexmo is headquartered in San Francisco, with regional headquarters in London and Hong Kong. The company has received investments from NHN Investment in South Korea, Intel Capital in Silicon Valley and US-based Sorenson Capital among others.

©2012 PR Newswire. All Rights Reserved.

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