Kaleyra Explained

Kaleyra, Inc.
Founder:Dario Calogero
Location City:New York, United States
Milan, Italy
Bangalore, India
Industry:Mobile Communications Telecommunications
Cloud Solutions
Products:A2P SMS
Voice
Instant messaging
Push notifications
Chatbots
WebRTC

Kaleyra is a Communications Platform as a Service (CPaaS) company that provides API and visual tools to communicate with customers worldwide through various channels, including SMS, MMS, RCS, WhatsApp for Business, Video, and Voice.

Kaleyra's services also include access to virtual numbers (toll-free, local and mobile), lookup services, and integration plugins. The company serves as a partner for Google's services, Verified SMS and Verified Calls.[1]

It was listed company in NYSE American [2] (NYSE:KLR) from November 2019 until October 2023 when it was acquired by Tata Communications.[3]

History

The company was founded in 1999 as Ubiquity in Italy by Dario Calogero,[4] the current CEO and Board of Directors’ member. In 2016, it was renamed Kaleyra[5] after acquiring the Indian company Solutions Infin.[6]

In 2018, Kaleyra acquired the US-based company Buc Mobile, which owned Hook Mobile.[7] In June 2021, it acquired US-based mobile messaging solution provider mGage[8] for $215 million in cash and Kaleyra common stock and became a Tier-1 messaging provider in the United States.[9]

In July 2021, Kaleyra acquired Bandyer[10] a leader in Europe for Audio and Video APIs and SDKs; the exact terms of the deal, acquisition costs, were not disclosed. In August, Kaleyra's common stock shares were approved for uplisting to the New York Stock Exchange from its previous listing on the NYSE American.[11] `

In February 2023 in Ireland, the company pleaded guilty to 22 charges relating to breaches of the Communications Regulation Act. This was as a result of a malware incident that led to so-called 'spoofing' which saw customers' numbers being falsely signed up for premium rate services between August 2021 and continued until January 2022. Following this, it withdrew from the Irish market.[12]

On October 5, 2023, it was announced that Tata Communications completed the purchase of Kaleyra for approximately 100 million dollars.[13]

External links

Notes and References

  1. Web site: Kaleyra Launches Verified Calls Services for Google. Yahoo Finance.
  2. Web site: Kaleyra Warrants to Begin Trading on the NYSE American Stock Exchange under the Ticker "KLR WS" on December 2, 2019. 29 November 2019. Associated Press.
  3. Web site: Tata Communications completes acquisition of US-based company . . October 8, 2023.
  4. Web site: Dario Calogero - Bloomberg Profile. Bloomberg.
  5. Web site: Solutions Infini and Ubiquity announces Global Rebrand to 'Kaleyra'. 21 June 2018.
  6. Web site: Cloud communications startup Solutions Infini merges with Italy's Ubiquity under brand 'Kaleyra'. The Economic Times CIO.
  7. Web site: Kaleyra Acquires Cloud Communications Company Hook Mobile. 2 August 2018. 2021-10-15. finsmes.com.
  8. Web site: Kaleyra Closes Landmark Acquisition of Mobile Messaging Solution Provider mGage to Become Tier-1 Messaging Provider in US. Kaleyra Investor Announcement .
  9. Web site: Cloud Software Kaleyra Closes Landmark Acquisition of mGage. 3 June 2021. MarTechCube .
  10. Web site: Kaleyra Acquires Bandyer. July 8, 2021. 2021-07-26. www.bloomberg.com.
  11. Web site: Kaleyra announces uplisting to NYSE. 26 August 2021. 2021-10-15. seekingalpha.com.
  12. Web site: Kaleyra pleads guilty to 22 charges. 13 February 2023. 2023-02-13. rte.ie . /
  13. Web site: Tata Communications Completes Acquisition of Kaleyra. Willkie. 2023-10-13. en.

This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Kaleyra".

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