fbpx
  • Topics
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Enterprise & SaaS
    • Gadgets & Electronics
    • Health & Bio
    • FinTech
    • IoT
    • Transportation & Logistics
    • Marketplaces & E-commerce
    • Ecosystem
    • Robotics
    • Investments
    • EdTech
    • Featured
  • Deals
    • Private Equity
    • Venture Capital
    • IPO & Markets
  • Interviews
    • Startup Investing
    • Fundraising
    • Product Launching
  • MORE
    • Events
    • Startups Advice
  • Submit an Article
  • REGISTER
  • login
No Result
View All Result
No Result
View All Result
Home Content & Games

Live Video Infrastructure Startup 100ms bags US$20 million funding in Series A round

AsiaTechDaily Writer by AsiaTechDaily Writer
15 March 2022
in Content & Games, Featured
0
100ms
38
SHARES
Share on FacebookShare on Twitter
Bookmark (0)

Please login to bookmark

No account yet? Register

Live video infrastructure startup, 100ms has raised US$20 million in its Series A funding round led by Alpha Wave Incubation (AWI). AWI is a venture fund backed by ADQ’s venture platform, DisruptAD and is managed by Alpha Wave Global.

The funding round was joined by LocalGlobe and Matrix Partners India along with existing investors Strive.vc and Accel.

“The funds will be used to hire talent across the world, product innovation and for exploring new markets,” 100ms Co-founder and CEO Kshitij Gupta said in a statement.

100ms platform brings real-life interactions to the virtual platforms by offering developer tooling for live video.

“Video-based solutions will be a key driver in the development of B2B and B2C products in a multitude of verticals. By abstracting the complexities of video streaming, 100ms has created a sophisticated, yet easy-to-use product for companies to be able to add high-end, live engagement tools in a cost-effective manner. The market for this is global and through its differentiated GTM, 100ms is poised to be the market leader in this space” Anirudh Singh, MD at Falcon Edge’s Alpha Wave Incubation, commented on leading the round.

Abhinav Chaturvedi, partner at Accel said, “Zoom and similar products helped us through the surge in digital adoption. We are missing one very important fact though – real 1:1 experiences cannot always be boxed into Zoom video tiles. Our belief is, going forward all companies will embed video experiences into their apps. 100ms provides the best-in-class infrastructure to power these video experiences.”

About 100ms

100ms was founded in 2020 by former Disney Hotstar and Facebook executives Aniket Behra , Kshitij Gupta, and Sarwesh Dwivedi.

The startup offers technology infrastructure that makes it simpler for companies to add Zoom-like video conferencing on their platforms. It enables product creators to add live video interactions for virtual events, online classrooms, online communities, audio rooms, telehealth, and more.

100ms has on-boarded customers like Paytm Insider, WhiteHat Jr, Kutumb, and Frontrow. The company announced that it has witnessed 20 times growth in usage metrics over the last quarter when it closed its seed funding round of US$4.5 million.

With the new funding, 100ms aims to help developers build and deploy enterprise-class video applications in hours.

Tags: live videovideo experiencesvideo interactionvirtual platform
Previous Post

Singapore’s e-signature startup EthSign secures US$12 million funding from Sequoia Capital

Next Post

China-based 3D content platform XVERSE raises US$120 million from Sequoia Capital China and Temasek in Series A funding round.

Related Posts

edit post
Auros
Featured

Trading platform Auros receives $17m in latest funding round

March 27, 2023
edit post
Gaspack
Featured

Gaspack scores additional funding from eMerge, Arise

March 27, 2023
edit post
Korean startup AITest.AI has established itself as a market leader in training to meet the growing demand for education in AI system testing. Recently, AITest.AI launched an innovative AI-testing training course on Udemy, a global e-learning platform, and has attained the topmost position in this field.
AI & Big Data

AITest.AI Emerges as Global Leader in Artificial Intelligence System Testing Training

March 24, 2023
edit post
PhonePe
Featured

Indian fintech PhonePe raises $200m more from Walmart

March 21, 2023
edit post
Antler
Featured

Antler to invest in over 30 startups in Indonesia this year

March 21, 2023
edit post
WeBudding
Content & Games

Korean startup WeBudding partners exclusively with the most popular free app Goodnotes 5 to provide Korean digital stationery content to users globally

March 17, 2023
Next Post
edit post
XVERSE

China-based 3D content platform XVERSE raises US$120 million from Sequoia Capital China and Temasek in Series A funding round.

Discussion about this post

No Result
View All Result

Follow Us

FREE NEWSLETTER




Copyright © 2023 AsiaTechDaily.com| About Us | Seed accelerator| Terms of Use| Privacy Policy| Cookie Policy Contact : [email protected] | DMCA.com Protection Status | trusted by Wimgo

No Result
View All Result
  • Topics
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Enterprise & SaaS
    • Gadgets & Electronics
    • Health & Bio
    • FinTech
    • IoT
    • Transportation & Logistics
    • Ecosystem
    • Marketplaces & E-commerce
    • Robotics
    • Investments
    • Featured
  • Deals
    • Private Equity
    • Venture Capital
    • IPO & Markets
  • Interviews
    • Startup Investing
    • Fundraising
    • Product Launching
  • MORE
    • Events
    • Startups Advice
  • Submit an Article
  • Forums
  • Jobs
  • REGISTER
  • Login

Copyright © 2023 AsiaTechDaily.com| About Us | Seed accelerator| Terms of Use| Privacy Policy| Cookie Policy Contact : [email protected] | DMCA.com Protection Status | trusted by Wimgo

We hope you enjoy our content, May you please give us Feedback regarding our website!

Single Post Feedback