Dyte, a Bangalore, India-based live video and audio platform raised $11.6 million in a seed funding round led by Unbound, Sequoia Capital India’s Surge, and Nexus Venture Partners.
The funding will be used to expand their product and engineering team, and focus on international hires while building for a global market.
Company: dyte, Inc.
Raised: $11.6M
Round: Seed Round
Funding Month: April 2022
Lead Investors: Unbound, Sequoia Capital India’s Surge, and Nexus Venture Partners
Additional Investors:
Company Website: https://dyte.io/
Software Category: Live Video and Audio platform
About the Company: Dyte provides developer-friendly live video SDKs that allow you to easily add 1:1 call, group calls, and webinars right within your platform. Dyte low code approach and user-friendly documentation mean you are ready to go live with fewer lines of code. We support use cases such as live classes, telehealth, online fitness, remote work, social meetups, dating, and B2B sales. The startup is a developer-friendly, real-time audio and video communication software development kit (SDK). It allows product and engineering teams to integrate live video into their apps to support innovative & interesting business use-cases. The SDK is simple, offers integrations within hours, and has a large number of plug-ins and configurations.
Source: https://yourstory.com/2022/04/funding-alert-dyte-raises-over-11million-seed-capital-unbound-sequoia-nexus-venture-partners/amp