Symphony Communication Services LLC, an instant-messaging startup backed by Wall Street, is in early talks with potential investors to raise about $100 million in new funding. The company has discussed investments with Singapore wealth funds Temasek Holdings and GIC, as well as U.S. private-equity firm General Atlantic, according to people familiar with the matter. Some existing investors are also expected to participate in the latest funding round. ...
Symphony has revealed a new virtual meetings tool and an API that allows developers to integrate third party apps. The company announced the release of its latest version of Symphony, which is now available for download on Google Play. The company, which raised $100m a year ago from investors including Alphabet, which valued the company at around $650m, has reportedly discussed investments with Singapore wealth funds Temasel Holdings and GIC as well as General Atlantic. The start-up also recently agreed to join with Money.net a multi-asset workstation for news and research sometimes cited as a Bloomberg challenger.