Hubilo, a San Francisco, California-based virtual events firm, raised $125 million in a Series B funding round led by Alkeon Capital, Lightspeed Venture Partners, and Balderton Capital.
The fresh infusion of capital will be used to build out Hubilo’s platform with capabilities for expanded events with deeper engagement.
Hubilo also plans to use the new funds to accelerate its global expansion efforts with the creation of new business functions and technology upgrades to its platform. The money will also help the startup continue reinforcing its engineering, product, and design teams in India and its go-to-market groups in the U.S., U.K., EMEA, and APAC.
Company: Hubilo Technologies Inc.
Raised: $125.0M
Round: Series B
Funding Month: October 2021
Lead Investors: Alkeon Capital, Lightspeed Venture Partners, and Balderton Capital
Additional Investors:
Company Website: https://hubilo.com/
Software Category: all-in-one virtual and hybrid event platform
About the Company: In 2015, Hubilo was founded with a mission to drive stronger, more meaningful event engagement amongst the brands organizing the event, attendees, sponsors, etc. Hubilo is an all-in-one virtual and hybrid event platform offering an engaging and interactive event experience. It helps event planners and organizations across the world reimagine the future of events and navigate the ever-changing event landscape. Engagement with a deeply branded experience paired with Hubilo's proactive and full-time customer success team ensures every event run on the Hubilo platform executes perfectly every time.
Source: https://www.pymnts.com/news/investment-tracker/2021/virtual-events-platform-hubilo-raises-125m-series-b/