YouMail recently announced that it has completed a Series B funding round for $5.5 million. I had the chance to speak with company CEO Alex Quilici, who went over a bit about his company, and how they were able to leverage the recent JOBS act.
To start, YouMail is a provider of cloud-based telecom services for SMBs. They currently have just over 6.5 million registered users of a personal assistant app to help users manage incoming phone calls. Features include visual caller ID, personalized smart greetings, cloud storage and access to messages cross-platform.
The company raised the Series B funding in February of 2015 as part of the Jumpstart our Business Startups Act (JOBS Act). Alex explained that part of this act removed the ban on general solicitation, which allows organizations to do marketing webinars and distribute marketing materials through approved channels. This change of the JOBS Act is what drove YouMail to apply for funding and put their offering out on a larger scale.
“Consumers are overwhelmed with calls, texts, and other forms of communication, especially those who use their cell phone for business or to manage a busy family’s needs.” Quilici said. “Thanks to the JOBS Act, YouMail was able to leverage the popularity of its consumer service and successfully reach beyond traditional sources.”
For more information about YouMail, please visit the site here.
