MessageBird’s $200 Million Fundraise Likely Last Before an IPO

MessageBird said it’s raised $200 million of new funding at a valuation of $3 billion in what’s expected to be the last cash injection before an initial public offering next year.

Some of the funds will be used for acquisitions, and MessageBird still believes it will be “IPO-ready” in the first half of 2021, Chief Executive Officer Robert Vis said in an interview this week.

“We think there’s going to be considerable consolidation going forward, so part of the raise is to put us in a position to do M&A,” said Vis, who founded MessageBird in 2011. “This could be ...