Toku (company)
Toku is a cloud communications company based in Singapore.[1][2]
Industry | Cloud communications |
---|---|
Founder | Thomas Laboulle |
Headquarters | 63 Chulia St, #15-01, Singapore |
Areas served | South East Asia |
Key people |
|
Number of employees | 120 (2023) |
Website | toku |
History
Toku was founded in April 2018 by Thomas Laboulle.[3]
In September 2021, Toku raised $5 million in Series A funding.[4] The funds were used to support Toku's expansion, including the development of its Contact Centre as a Service (CCaaS) platform.[4] In the same month, Toku joined Zoom's Phone Provider Exchange Program, facilitating the integration of businesses' PSTN carriers with Zoom's platform.[5] As an Enhanced Cloud Peering collaborator, Toku is listed for organisations to select as a carrier on the Zoom Phone platform.[6]
In 2022, Toku conducted a survey that revealed, 87 percent of participants received a scam call, 75 percent answered, and 10 percent suffered financial losses, indicating continued vulnerability to phone scams.[7][8]
In June 2022, Toku became the first in Singapore and Southeast Asia to join the global AB Handshake Community.[9][10]
In November 2022, Toku announced a US$5 million Series A extension, raising the total funding to $10 million. The round was co-led by Delivery Hero Ventures and Malaysia's OSK Ventures.[11][12]
In April 2023, Toku completed the acquisition of Activeo Singapore, the Southeast Asia operations of Activeo, a France-based customer experience (CX) consulting firm.[13][14][15]
Services
Toku specialises in contact centre platforms, programmable voice and messaging, campaign manager platform, and integration with Microsoft Teams and Zoom Phone.[1][16] The Infocomm Media Development Authority (IMDA) of Singapore has authorized the company to manage commercial SMS traffic.[17]
Initially holding a telco license, Toku now owns over 60 percent of Singapore's virtual numbers.[2]
Gojek, a major on-demand services platform, uses Toku's API for communication purposes.[18][19]
References
- "Tech in Asia". Tech in Asia.
- "Toku raises US$10 million Series A funding for APAC expansion". The Business Times.
- "As Sender ID Registry deadline looms, does SMS still matter?". The Business Times.
- "CCaaS Startup Toku Raises $5 Million".
- "Toku targets regional remote working market with Zoom deal".
- "Singapore's Toku targets regional remote working market with Zoom deal".
- "Toku Steps Up Efforts to Eliminate Call Frauds". Telecom Review Asia Pacific.
- "Three-quarters of Singaporeans answered scam calls recently: Toku".
- "Toku Steps Up Efforts to Eliminate Call Frauds in Singapore - Telecom Review Asia Pacific". www.telecomreviewasia.com. June 29, 2022.
- "Toku leads effort to eliminate call frauds in Singapore's telecommunications industry". Times of India.
- "Funding Files: Cyber security, AI and cloud deal roundup". Times of India.
- "Asia Digest: Japan's H2O Hospitality raises $30m; SG-based Toku raises $5m". DealStreetAsia.
- "Toku acquires Activeo to help more APAC businesses unlock modern". Times of India.
- "Toku acquires Activeo Singapore to boost transformation capabilities".
- "Singapore-based Toku acquires SEA operations of Activeo".
- "Tech in Asia - Connecting Asia's startup ecosystem".
- "Toku Steps up Efforts to Eliminate Call Frauds". Telecom Review Asia Pacific.
- "Toku's Communication API is used by Southeast Asian ride-hailing giant Gojek".
- "Toku's Cloud Communication APIs wins at the SBR Technology Excellence Awards 2022".