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- Movius
Movius Funding, Investors & Competitors
Movius has raised $108M across 5 funding rounds, most recently a $8M Series A in August 2022.
Last Movius funding round
$8M
Series A · Aug 2022
Cumulative funding Movius raised
$108M
across 5 funding rounds
Key investors in Movius
PointGuard Ventures
New Enterprise Associates
Anschutz Investment
JPMorgan Chase
About Movius
Movius is a provider of cloud-based enterprise mobility solutions through a Software-as-a-Service model. The company extends telecommunication services to mobile devices and offers pre-packaged applications plus APIs for custom development. Atlanta-headquartered with offices in Dubai, Madrid, Bengaluru, and Johannesburg, Movius serves telecom providers and businesses worldwide since evolving from its 1999 origins.
Founded
1999
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Movius Funding History
Movius has raised a total of $108M across 5 funding rounds.
Movius' first fundraising round was a $27M Series A in June 2013. The most recent completed round was a $8M Series A in August 2022.
Movius funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Aug 2022 | Series A | - | $8M | Movius raised a Series Preferred financing round in August 2022 totaling $8.36 million. The company has a history of venture capital funding dating back to 1999, with multiple funding rounds across Series A through Series Preferred stages. Movius also conducted acquisitions, including Intentico in September 2021. |
| Mar 2019 | Series D | JPMorgan Chase (lead); New Enterprise Associates; Anschutz Investment; PointGuard Ventures | $45M | Movius, an Atlanta-based mobile communications software provider, closed a $45 million Series D funding round on March 20, 2019, led by JP Morgan Chase & Co. with participation from existing investors PointGuard Ventures, New Enterprise Associates, and Anschutz Investment Company. This brought the company's total equity capital raised to $91 million, following a $15 million Series C in 2017. The funding supports global expansion, particularly in Europe and Asia, product roadmap acceleration, and scaling for enterprise clients in regulated industries like finance and healthcare. The round coincided with the appointment of John Loiacono as CEO, a technology executive with experience at Adobe and Sun Microsystems. Movius offers a carrier-grade platform enabling secure separation of work and personal communications on a single mobile device, addressing compliance and auditing needs. At the time, the company had about 1,400 customers, mostly small-to-mid-sized businesses, 130 employees across Atlanta, Silicon Valley, and Bangalore, and strategic partnerships like with JP Morgan to refine the product for scale. JP Morgan's investment highlighted the solution's value for financial services, where mobile communication expectations are high among customers and employees. Larry Feinsmith, JP Morgan managing director, noted it removes friction for secure mobile productivity. Later developments included board addition of Sanjay Jain, former JP Morgan technology banking head, and subsequent raises like an $8.3 million inside round in 2022 and T-Mobile Ventures investment in 2024. |
| Jun 2017 | Series C | PointGuard Ventures (lead); New Enterprise Associates; Anschutz Investment | $15M | Movius is a global provider of cloud-based enterprise mobility solutions, offering Multi-Line, a patented cloud-based communication service that adds a secure company number to employees' mobile phones with features like data metering and mobile recording for compliance. The company announced a $15 million Series C funding round on June 21, 2017, led by PointGuard Ventures, with participation from family offices in the U.S., a leading private equity management company in Asia, and existing investors New Enterprise Associates and Anschutz Investment Company. This growth capital supports platform expansion, innovation, serving existing contracts, and increasing subscribers on the Movius platform, which had 50 million users at the time. Movius had signed major contracts with carriers like Telefónica and Sprint, with deployments across multiple continents and accelerating subscriber growth. The funding enables investment in Multi-Line offerings to help companies communicate, save costs, and meet regulatory standards across global carrier networks using cellular voice, data, and WiFi. |
| Jun 2014 | Series B | PointGuard Ventures (lead) | $13M | Movius Interactive Corporation, an Atlanta-based mobile communications software company, raised $13 million in a Series B financing round led by PointGuard Ventures in July 2014, with participation from New Enterprise Associates (NEA) and Anschutz Investments. The company was a global leader in mobile identities and converged messaging solutions, offering a cloud-based platform called CAFÉ (Communication Applications Framework Engine) and its flagship myIdentities application. At the time of the round, Movius had established partnerships with over 150 global carriers and was positioning itself to capitalize on the converged messaging market and the growing need for secure multi-identity management on single mobile devices in the Bring Your Own Device (BYOD) era. The funding was designated to accelerate the company's global expansion and drive innovation in its mobile applications platform. This round represented early-stage growth capital for Movius, which would go on to raise additional funding including a $15 million Series C in 2017 and a $45 million Series D led by JPMorgan Chase in 2019, ultimately raising $100 million in total equity capital by 2019. |
| Jun 2013 | Series A | - | $27M | - |
Who has invested in Movius?
4 investors have backed Movius across its funding rounds, including PointGuard Ventures, New Enterprise Associates, Anschutz Investment and JPMorgan Chase.
Lead investors include JPMorgan Chase and PointGuard Ventures.
Movius Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 3 | Lead | Jun 2014 | ||
| 2 | Participant | Jun 2017 | ||
This data is available for Pro users. Sign up to see all 4 Movius investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAcquisitions by Movius
Movius has acquired 1 company to date.
Last acquisition by Movius was on September 9th 2021. Movius acquired Intentico for undisclosed valuation.
Latest Acquisitions by Movius
| Description | Intentico is an artificial intelligence firm offering virtual assistants for customer service augmentation. The Tel Aviv-based company deploys smart AI agents that operate around the clock, supporting human staff to deliver faster, cost-effective interactions across multiple channels. Intentico enables businesses to reduce service expenses or boost revenues by personalizing customer experiences based on real-time needs, targeting industries with high-volume support demands. |
| HQ Country | |
| HQ City | Newark, NJ |
| Deal Date | 9 Sep 2021 |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Movius acquisitions and their M&A valuation multiples. Start Free Trial | |
Movius Competitors
Movius competitors include listed companies like Atlassian, Twilio and Zoom, and private ones like Telegram, Discord and Genesys.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $6.6B | $142M | $49B | 7.2x | ||
| Publicly listed | $5.1B | $251M | $38B | 6.3x | ||
| Private | - | - | $30B | - | ||
| Publicly listed | $4.9B | $2.6B | $27B | 3.9x | ||
| Private | $445M | - | $15B | 33.7x | ||
| Private | $2.1B | $900M | $15B | 7.1x |
Movius Public Comps
Movius is still privately-owned, but its public comps include Atlassian, Twilio, Zoom, iFlytek, Dropbox, Amdocs, NICE, RingCentral, Tata Communications and Box.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $6.6B | $142M | 7.4x | 7.2x | 342.1x | 23.7x | |||
| $5.1B | $251M | 7.1x | 6.3x | 144.6x | 30.2x | |||
| $4.9B | $2.6B | 4.0x | 3.9x | 7.7x | 9.1x | |||
| $4B | $465M | 3.7x | 3.4x | 31.7x | 40.6x | |||
| $2.5B | $854M | 4.4x | 4.4x | 12.9x | 9.4x | |||
| $4.5B | $922M | 1.6x | 1.5x | 7.9x | 6.0x | |||
| $2.9B | $849M | 2.1x | 1.9x | 7.1x | 6.3x | |||
| $2.5B | $339M | 3.0x | 2.9x | 22.1x | 10.5x | |||
This data is available for Pro users. Sign up to see all Movius competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Movius
| When was Movius founded? | Movius was founded in 1999. |
| Where is Movius headquartered? | Movius is headquartered in San Jose, CA, United States. |
| Is Movius publicly listed? | No, Movius is a private, VC-backed company. |
| How much funding has Movius raised? | Movius has raised $108M across 5 funding rounds. |
| What was Movius' last funding round? | Movius' last funding round was a $8M Series A in August 2022. |
| Who are Movius' investors? | Movius' investors include PointGuard Ventures, New Enterprise Associates, Anschutz Investment and JPMorgan Chase. |
| Which companies are comparable to Movius? | Companies comparable to Movius include Atlassian, Twilio, Telegram, Zoom, Discord and Genesys. |
| How many companies has Movius acquired? | Movius has acquired 1 company, including Intentico. |
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