Goldcast, a Boston, MA-based purpose-built platform for B2B field and event marketers to host interactive virtual and hybrid events, announced that it completed $28 million in Series A funding.
The round was led by WestBridge Capital, with participation from Unusual Ventures.
Following a $10 million seed round led by Unusual Ventures earlier this year, the company's total funding raised now stands at $40 million.
This latest round of funding will be used to expand the company's leadership team, make key hires, and invest in marketing community initiatives.
Sumir Chadha, Co-Founder of WestBridge, will join the board.
Company: Goldcast Inc.
Raised: $28.0M
Round: Series A
Funding Month: Aug 2022
Lead Investors: WestBridge Capital
Additional Investors: Unusual Ventures
Company Website: https://www.goldcast.io/
Software Category: Virtual Event Platform
About the Company: Goldcast is a purpose-built platform for enterprises to conduct modern, meaningful, and measurable online events, client summits, workshops, product launches, thought leadership summits, regional conferences, and more. Goldcast is used by B2B marketers to create engaging digital and hybrid events that are more like Netflix show experiences and drive revenue by providing rich post-event insights. It's becoming the de facto platform for growth-stage tech companies, with customers like Drift, Microsoft, Github, Intuit, Hootsuite, Salesloft, Toast, ThoughtSpot, Lattice, and Autodesk using Goldcast as an essential part of their event marketing strategy. Goldcast has seen 10x growth in revenue and made 60 new hires since their last funding round in February. The company has added 150 additional customers over the last year.
Source: https://www.prnewswire.com/news-releases/goldcast-closes-28m-series-a-continues-expanding-to-empower-b2b-marketers-to-turn-events-into-revenue-301611870.html