CafeX Raises $18M in Series C Funding

cafèCafeX Communications, a NYC-based provider of real-time digital engagement solutions, closed $18M in Series C funding.

The round was led by Rakuten, Inc., parent company of Rakuten Communications, the Japan-based provider of enterprise telecommunications services and solutions.

The company, which has raised $50M through three funding rounds since 2013, intends to use the funds for globalization development activities as well as expansion into new geographic regions.

Led by Rami Musallam, CEO, CafeX provides global financial services, insurance, retail and other industry companies with a real-time digital engagement product portfolio for improving the ways teams, companies, and customers collaborate within web and mobile applications.
CafeX Chime facilitates collaboration within the context of business objectives, removing common obstacles in order to bring the right people and information together at the right time to achieve outcomes.
ChimeSpaces, announced as part of the Vayyoo acquisition earlier this week, creates centralized virtual spaces for stakeholders to share and access digital media, request approvals, trigger notifications and perform other project tasks.
ChimeMeetings enables enterprises tp reach every user with one-click video collaboration in every browser with no added plugins and optimal use of network resources.




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