TextNow Receives Funding from the Government of Canada
WATERLOO, Ontario, October 2, 2018 — TextNow, the first ever full-service freemium wireless company, has recently signed a contribution agreement for up to $1 million in funding from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP).
This contribution will help support TextNow’s continued growth, including the hiring of engineers to develop a world-class media platform, delivering high-quality communications using the best available network.
“Hiring talented software engineers is hard in today’s competitive market, says Dave Giannini, TextNow’s Chief Architect. The support from the Canadian government, through NRC IRAP, and their due diligence around our project strengthens our story and makes it easier to fill open positions. Team members will enjoy the ability to stay focused on a long-term project.”
TextNow is receiving this contribution based on its robust revenue growth of 379% and the number of employment opportunities they have created over the last five years. Also, TextNow has presented a strong business case and a technology roadmap to support its continued growth trajectory regarding revenue and employment for the next three to five years. With 16 million monthly active users, people are discovering TextNow every day, and the company continues to experience significant growth in revenue and demand.
About TextNow – TextNow is building a new wireless communications platform that is software first. We are the only full-service wireless provider that offers customers a free phone number that they can be used across multiple devices. The TextNow app has been downloaded over 100 million times and counting. For more information, please visit www.textnow.com.
For more information on career opportunities at TextNow, please visit https://about.textnow.com/careers/