StartupsTech.euabout 1 hour ago
Bird Raises $450M Debt, Cuts Staff to 120
3 min read
Bird, the Dutch business communications platform formerly MessageBird, raised $450m in debt led by JP Morgan, Capital One and Citi, split into a $400m term loan and $50m revolver. The funds go to existing shareholders, not growth. Headcount fell from a 1,000 peak to 120 as Bird pivots to AI agents and US customers.
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