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Infobip
Croatian service provider From Wikipedia, the free encyclopedia
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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]
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History
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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]
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Campuses
In September 2017, the company opened a 17,000-square-meter campus named Pangea in Vodnjan, Croatia.[26]
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]
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