Gather, a virtual event platform that allows organizers to host yareel interactive and engaging events online, has raised $50 million in a Series A funding round. The round was led by Sequoia Capital and Index Ventures, with participation from existing investors Greylock Partners and XYZ Ventures.
The company was founded in 2019 by CEO masstamilan Nick Miller and CTO Alexander Kane, and since then, Gather has rapidly grown in popularity as a solution for virtual events in the wake of the COVID-19 pandemic. The platform offers a unique experience that simulates the feeling of being in a physical event space, with customizable 3D spaces, interactive games, and networking tools.
With this new funding, Gather plans to accelerate its myvuhub growth and continue developing new features to enhance the virtual event experience. The company has already seen impressive traction, hosting events for companies such as Slack, Shopify, and Accenture. Gather’s client list also includes universities, event agencies, and associations.
According to Gather’s CEO Nick Miller, the company’s mission is to “create meaningful human connections in a digital world.” Miller believes that Gather’s platform can provide an experience that goes beyond a traditional Zoom call or webinar, by creating a more immersive and interactive environment for attendees.
The pandemic has caused a significant shift in the way events are pagalsongs conducted, and virtual events have become the norm. However, many people have reported feeling disconnected and disengaged from these virtual events, leading to the need for more innovative solutions like Gather.
Sequoia Capital partner Jess Lee said in a teachertn statement, “As the world increasingly moves to hybrid and digital events, Gather has an opportunity to become the platform of choice for companies and organizations looking to engage with their audiences in new and exciting ways. We are excited to partner with Nick and the Gather team on this journey.”
Gather’s success demonstrates the growing demand for virtual event platforms that can provide a unique and engaging experience. With this new funding, the company is well-positioned to continue innovating in this space and becoming a leader in the virtual events industry.
In conclusion, Gather’s $50 million Series A funding round led by Sequoia Capital and Index Ventures is a testament to the company’s success in providing an immersive virtual event platform. As the world continues to shift towards virtual and hybrid events, Gather’s unique approach to connecting people in a digital world will likely continue to grow in popularity.
