Relay Secures Additional $5.8 Million as Demand for Company’s Innovative Approach to Mobile Accelerates
Jul 07, 2014
Radnor, Pennsylvania - Relay, a technology company that connects trusted brands and people through direct mobile communication, announced today that the company secured an additional $5.8 million in financial support to capitalize on its substantial momentum following a record year. The new investment will support its rapid growth and further its mission to become the preferred way that companies and customers connect and communicate.
"Relay envisions a world where people can effortlessly get stuff done with the businesses in their lives, and mobile is core to that vision," said Matt Gillin, Relay's CEO and co-founder. "This capital will accelerate our growth so we can continue to offer new mobile solutions that revolutionize our clients' businesses and deliver unprecedented convenience for the consumer."
Relay is the first mobile network where brands and people can connect and communicate for the purpose of getting stuff done. For the vast majority of businesses that have struggled with low mobile app adoption, Relay provides a new alternative that takes the friction out of establishing a mobile connection with customers. With Relay, businesses invite customers into their own mobile channel, and customers accept that invitation with one click. Once connected, both sides have a faster and easier way to communicate that meets enterprise-level privacy and security standards.
"What brands are realizing at this moment is that mobile apps are not going to solve their communication problems," said Gillin. "The most innovative companies are searching for a way to improve the customer experience by making it easier to interact with each other. The growth we're seeing underscores the incredible value companies see in establishing a private, two-way line of communication that can be turned on in one click."
This past year, Relay has expanded its footprint to healthcare, financial services, energy, travel, and direct selling, following the impressive results seen by existing clients.