Companies host interactive online events, has raised $26 million in a Series A funding round led by Sequoia Capital. The funding round also saw participation from other investors, including Founders Fund, Greylock, and Coatue masstamilan.
The COVID-19 pandemic has brought significant changes to the event industry, with many in-person events being canceled or postponed. As a result, virtual event platforms have become increasingly popular as an alternative. Gather is one such platform that offers a range of features to make virtual events engaging and interactive myvuhub.
Founded in 2017, Gather aims to create a virtual space that feels like a physical event. The platform provides users with customizable avatars that can interact with each other in a virtual world. Attendees can move around the space, engage in conversations with others, and attend talks and presentations teachertn.
Gather’s platform can be used for a wide range of events, from small team meetings to large conferences with thousands of attendees. The company has worked with a variety of clients, including Shopify, Salesforce, and TEDx.
The $26 million funding round will be used to further develop Gather’s platform and expand the company’s reach. According to Gather CEO Nick Gauthier, the company plans to use the funding to hire more employees and enhance the platform’s features pagalsongs.
“We’re excited to have the support of Sequoia and our other investors as we continue to grow and evolve the Gather platform,” Gauthier said in a statement. “Virtual events are here to stay, and we’re committed to providing the best possible experience for our users.”
Gather is not the only virtual event platform to see significant growth in the past year. Companies like Zoom, Hopin, and Airmeet have also experienced increased demand for their services as businesses adapt to the new normal of remote work and virtual events yareel.
However, Gather’s focus on creating a virtual world that mimics the experience of a physical event sets it apart from its competitors. The company’s avatars and interactive features make virtual events feel more engaging and immersive, which is particularly important for large conferences and trade shows.
Sequoia Capital partner Carl Eschenbach, who will join Gather’s board of directors as part of the funding round, said that the firm was impressed by Gather’s ability to create a unique and engaging experience for attendees.
“Gather has created a platform that truly captures the essence of in-person events,” Eschenbach said. “We’re excited to partner with Nick and the Gather team as they continue to innovate and redefine the virtual event space.”
As virtual events continue to gain popularity, it’s likely that we will see more investment in platforms like Gather. The ability to create a virtual space that feels like a physical event is a valuable tool for businesses that want to connect with customers and employees remotely. With the support of investors like Sequoia Capital, Gather is well-positioned to continue leading the way in this growing industry.
