Gather, a virtual events platform that allows atozmp3 organizations to host and manage online events, recently announced it raised $26 million in a Series A funding round led by Sequoia Capital. The round was also joined by Founders Fund, Lachy Groom, and other individual investors.
Gather was founded in 2019 by Jansen Van Dorn and Angus Clark, who were both previously engineers at Facebook. The platform provides a customizable virtual space that can be used for a variety of events, from small meetings to large conferences. It offers features such as customizable avatars, interactive exhibits, and audience engagement tools.
With the COVID-19 pandemic leading toonily to the cancellation of in-person events, virtual events have become increasingly popular. Gather’s platform has been used by organizations such as the United Nations, the University of California, and the American Red Cross to host online events.
In a statement, Jansen Van Dorn, co-founder and CEO of Gather, said, “We’re excited to partner with Sequoia Capital as we continue to build a platform that helps organizations create and manage virtual events that truly engage their audiences. This funding will help us grow our team and expand our platform to support even more types of events.”
Gather plans to use the funding to hire additional team members and continue developing its platform. The company also plans to expand into new markets and offer more features to its users.
Sequoia Capital, a leading venture masstamilanfree capital firm, has a history of investing in successful technology companies such as Google, Apple, and Airbnb. In a statement, Jess Lee, a partner at Sequoia Capital, said, “We’re excited to partner with Gather as they build the future of virtual events. Jansen and Angus have an impressive track record of building world-class products, and we believe that Gather has the potential to become a category leader.”
The virtual events industry is expected to continue masstamilan growing in the coming years, with many organizations now considering virtual events as a viable alternative to in-person events. According to a report by Grand View Research, the global virtual events market is expected to grow at a compound annual growth rate of 23.2% from 2020 to 2027, reaching a value of $774.4 million by 2027.
Gather’s platform aims to make virtual events more justprintcard engaging and interactive, with features such as interactive exhibits and customizable avatars. The platform also offers analytics and data insights to help organizations measure the success of their events and make data-driven decisions.
In addition to its virtual events platform, Gather also offers a virtual office platform that allows remote teams to collaborate in a virtual workspace. The platform offers features such as virtual whiteboards, video conferencing, and document collaboration tools.