The oversubscribed round was led by Northstar.vc with participation from Upper90 and existing backers.
"We are extremely pleased with the progress to date, and this latest round of investment, from some of the leading names in business and technology, is an endorsement of our strategy and rapid growth."
The Series B round was led by Highland Europe with participation from Highland Capital, HubSpot Ventures, and RLC Ventures.
"While corporate gifting has long promised to be the solution to generic, spammy marketing, it has not yet matched the needs or standards of today's companies and consumers. Reachdesk breaks the mould. Our data-led, AI-powered and integrated approach allows us to be there for our customers at every stage, via one single, simple yet powerful and trusted global platform,"
The financing will support the final development and commercial launch of the company multi-link antenna technology.
"We are delighted to announce this new funding today, which will bring our game-changing technology to reality within the next 12 months. The strong interest we have received from across the industry has given us the confidence to accelerate our growth plans and bring forward the commercialisation of our groundbreaking new terminals, harnessing the potential of the thousands of new satellites being launched across multiple orbits in the year ahead."
Scottish Equity Partners led the growth equity round to accelerate product development and international expansion.
"APIs are everywhere. Ordered a pizza online? You can thank APIs for that. Just applied for a credit card? That's APIs from start to finish. The modern enterprise is at its core an API company, and those that want to survive are expanding their API ecosystems rapidly. With that growth comes an increasing need to manage, monitor and secure that complexity."