About Casabi
Casabi is a Telecommunications company based in Campbell (United States) founded in 2004, and was acquired by BroadSoft in October 2010. Web-based content and messaging solutions are provided to telecom providers. Casabi has raised $18.8 million across 3 funding rounds from investors including BroadSoft, Canaan and Mayfield. Its focus areas include Telecom and Mobile VAS.
Company details
Casabi was co-founded in 2004 by David Weinstein and Tim Kusumi in Campbell, United States. Web-based software is offered to telecom service providers for content and messaging solutions. Fixed-line SMS, customized information services, and family organization tools are enabled through these offerings. Group text messages are sent to any phone number, voicemail is accessed, family calendars are updated in real-time, and a shared network address book is maintained.
- Headquarters Campbell, United States
- Stage Acquired
- SectorsTelecommunications
- Website casabi.com
- Social LinkedIn
- Acquired by BroadSoft (Oct 2010)
Funding Insights of Casabi
Casabi has successfully raised a total of $18.8M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $6 million completed in March 2009. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $18.8M
- Total Rounds 3
- Last Round Series B — $6M
- First Round $2.8M
(Dec 2005)
- Investors Count 3
All 3 funding rounds of Casabi with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2009 | $6M | Series B | – | – | – |
| Mar 2007 | $10M | Series B | – | – | |
| Dec 2005 | $2.8M | Series A | – | – |
4 investors in total: 4 institutional.
Investors in Casabi
Casabi has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include BroadSoft, Canaan and Mayfield.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Canaan is recognized as an early-stage venture capital firm. | 1987 | canaan.com | San Francisco, United States | |
Mayfield is focused on AI innovation and venture capital investments. | mayfield.com | Menlo Park, United States | ||
| vanguardventures.com | ||||
Unified communication solutions are delivered for service providers and enterprises. | 1998 | broadsoft.com | Gaithersburg, United States |
Investor details for Casabi
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Casabi
4 dated milestones of Casabi across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Casabi is founded.
- Funding First funding round of $2.8M.
- Funding Latest funding round, Series B, of $6.0M.
- Exit Acquired by BroadSoft.
Top companies in Mobile VAS
3 companies that operate in the same segment as Casabi (Mobile VAS) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
MobileX is recognized as a provider of customizable mobile phone services. | 2021 | Irvine, California, United States | USD 2.52 M | |||
Temporary phone numbers are developed for user privacy protection. | 2012 | Los Angeles, California, United States | USD 2.42 M | |||
Provider of messaging and voice communication solutions over data networks | 2000 | New Providence, New Jersey, United States | USD 31.03 M | 7 |
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Frequently Asked Questions about Casabi
Casabi was founded in 2004 and raised its 1st funding round 1 year after it was founded.
Casabi is headquartered in Campbell, United States. It is registered at Campbell, California, United States.
Casabi is a funded company, having raised a total of $18.8M across 3 funding rounds to date. The company's 1st funding round was a Series A of $2.8M, raised on Dec 2005.
Casabi was co-founded in 2004 by David Weinstein and Tim Kusumi in Campbell, United States. Web-based software is offered to telecom service providers for content and messaging solutions. Fixed-line SMS, customized information services, and family organization tools are enabled through these offerings. Group text messages are sent to any phone number, voicemail is accessed, family calendars are updated in real-time, and a shared network address book is maintained.
Yes. Casabi was acquired by BroadSoft in October 2010.