Report
Braid raises $38 million to help brands launch mobile connectivity
Braid, formerly Next Communications, offers a single API for brands to embed SIM and eSIM connectivity in their products.
TLDR
Octopus Ventures led the Dutch company's first external funding round, with KPN Ventures also participating. Braid says its API orchestrates more than 600 carrier networks across over 200 countries, letting businesses offer branded mobile connectivity without becoming telecom operators. It plans to use the money for international expansion and to deepen its carrier network.
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