A Wellington app-based messaging service has raised capital to fund expansion.
Photo: 123RF
Atomic.io raised $5 million to expand into the Australian market and aimed to nearly double staff numbers.
The raise was led by Movac, with participation from director and existing shareholder Rod Drury, K1W1, Hoku, and a other startup investors, including Xero co-founder Hamish Edwards and former Xero executives Paula Jackson, Alistair Grigg, Paul Williams and Ben Styles.
The software as a service (SaaS) businesses said it had recorded strong growth in revenue and was partnering with major enterprises, including three banks, supermarkets, financial service, and international healthcare companies.
Atomic.io chief executive Ben Pujji said the money would help the company scale up to expand across New Zealand and Australia.
"Atomic.io provides a rapid messaging solution that is highly effective for customers, removing many months, or even years, of in-house development, trial, build and integration," Pujji said.
"It also provides a very secure channel that protects our customers, and their customers in turn."