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Posted July 26, 2019 07:01:04A small startup in Germany is making waves with its messaging app WhatsApp.
The startup, called WhatsApp, raised $20 million from investors including Facebook, Google and Instagram.
In addition, the company said it had raised $100m from its parent company Facebook and its employees.
WhatsApp is working on adding more features to its messaging service and has set up a $2bn funding round.
The founders have built the app on an existing mobile messaging platform called Signal.
Its main competitor is Telegram, which has been a popular messaging app for several years.
The company said that it plans to expand its global footprint by hiring additional employees.
“We are now going to hire additional people in multiple languages and we will start with the US, Australia and Canada,” said WhatsApp founder Joris-Jan Bartels.
The company plans to raise a total of $50m, the Wall Street Journal reported.
Facebook, Instagram and Google also announced funding.
Wall Street Journal: Facebook, Instagram, and Google to invest in WhatsApp app.
WhatsApp CEO Joris Bartels says he is confident in the platform.
He said: We will work to bring a lot of new people and new features to WhatsApp.
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