About Followap
Followap is a Technology company based in New York (United States) founded in 1999, and was acquired by Neustar in November 2006. Mobile-based messenger applications were pioneered for telecom operators. Followap has raised $14 million across 3 funding rounds from investors including Neustar, Israel Corp and Sequoia Capital. Its focus areas include Enterprise Applications, Enterprise Collaboration, Communication and Team Messaging. Its competitors include Slack, Mask Network and Critical Path; 3 of its 3 listed competitors have raised funding.
Company details
Mobile device-based messenger applications were pioneered by Followap, which was founded in 1999 in New York, United States. These applications were branded and adopted by telecom operators including Vodafone Group, Hutchison 3G Group, BT Group, Turkcell, Telecom Italia, Wind, and Vimpelcom. Operations focused on the telecommunications sector, with services provided through partnerships. The company was acquired by Neustar in November 2006.
- Headquarters New York, United States
- Stage Acquired
- SectorsTechnology
- Website followap.com
- Acquired by Neustar (Nov 2006)
Funding Insights of Followap
Followap has successfully raised a total of $14M across 3 strategic funding rounds. 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 $14M
- Total Rounds 3
- First Round $12M
(Feb 2001)
- Investors Count 6
All 3 funding rounds of Followap 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 |
|---|---|---|---|---|---|
| Jun 2005 | Series C | – | Sequoia Capital | ||
| Jul 2001 | $2M | Series B | – | – | |
| Feb 2001 | $12M | Series B | – | Viola Ventures |
7 investors in total: 7 institutional.
Investors in Followap
Followap has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Neustar, Israel Corp and Sequoia Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Sequoia Capital is engaged in venture capital investments. | 1972 | sequoiacap.com | ||
Early & late stage sector-agnostic VC firm investing in the US, Asia and Middle East | star-ventures.com | Herzliya, Israel | ||
Investments in tech startups are managed by Viola Ventures. | https://www.viola-group.com/fund/violaventures | Herzliya, Israel | ||
Venture investments in systems, infrastructure, and applications for enterprise founders. | next47.com | |||
Holding company focusing on oil, shipping, energy, chemicals and transportation sectors | 1968 | israelcorp.com | Tel Aviv, Israel | |
| koor.com | ||||
Predictive analytics and security solutions are delivered via cloud platform. | 1996 | home.neustar | Sterling, United States |
Investor details for Followap
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Timeline of Followap
4 dated milestones of Followap across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Followap is founded.
- Funding First funding round of $12.0M.
- Funding Latest funding round, Series C,.
- Exit Acquired by Neustar.
Competitors of Followap
Followap has 3 listed competitors in our database, 3 of them funded. They include Slack, Mask Network and Critical Path.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| slack.com | 2009 | San Francisco, United States | $1.22B | 1,820 | Cloud-based team communication and collaboration platform is provided. | |
| mask.io | 2018 | Champaign, United States | $5M | Provider of encrypted messaging applications | ||
| cp.net | 1998 | San Mateo, United States | $42M | Spam-blocking, virus protection, and secure messaging services are provided. |
Detailed competitors of Followap
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Top companies in Enterprise Collaboration & Video Tools
3 companies that operate in the same segment as Followap (Enterprise Collaboration & Video Tools) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based team communication and collaboration platform is provided. | 2009 | San Francisco, California, United States | USD 1.22 B | 2,555 | ||
Collaborative platform for design prototyping and feedback is provided. | 2012 | San Francisco, California, United States | USD 748.62 M | 2,877 | ||
AI-based platform for secure collaboration and content management is utilized. | 2005 | Redwood City, California, United States | USD 692.63 M | USD 1.18 B | 4,447 |
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Related news about Followap
Complete news archive for Followap
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Frequently Asked Questions about Followap
Followap was founded in 1999 and raised its 1st funding round 2 years after it was founded.
Followap is headquartered in New York, United States. It is registered at New York, New York, United States.
Followap is a funded company, having raised a total of $14M across 3 funding rounds to date. The company's 1st funding round was a Series B of $12M, raised on Feb 2001.
Mobile device-based messenger applications were pioneered by Followap, which was founded in 1999 in New York, United States. These applications were branded and adopted by telecom operators including Vodafone Group, Hutchison 3G Group, BT Group, Turkcell, Telecom Italia, Wind, and Vimpelcom. Operations focused on the telecommunications sector, with services provided through partnerships. The company was acquired by Neustar in November 2006.
Followap's top competitors include Slack, Mask Network and Critical Path.
Followap has 7 investors. Key investors include Neustar, Israel Corp, Sequoia Capital, Star Ventures, and Viola Ventures.
Yes. Followap was acquired by Neustar in November 2006.