Zuddl, a Boston and Bengaluru, India-based all-in-one platform for virtual and hybrid events, today announced that it closed $13.35 million in Series A funding.
The round was led by Alpha Wave Incubation (AWI), backed by DisruptAD, ADQ's venture platform, and managed by Falcon Edge Capital, and Qualcomm Ventures LLC. The round also saw participation from existing investors GrowX and Waveform Ventures.
The fund raised will be used to accelerate product development and scale globally, with a particular focus on the US market.
Company: Zuddl
Raised: $13.35M
Round: Series A
Funding Month: January 2022
Lead Investors: Alpha Wave Incubation (AWI)
Additional Investors: DisruptAD, ADQ's venture platform, Falcon Edge Capital, and Qualcomm Ventures LLC, GrowX, and Waveform Ventures
Company Website: https://www.zuddl.com/
Software Category: an all-in-one platform for virtual and hybrid events
About the Company: Founded by Bharath Varma and Vedha Sayyaparaju in May 2020, Zuddl is an all-inclusive virtual and hybrid events platform, which helps enterprises design immersive branded experiences. Large organizations across the globe such as Google, Dicks Sporting Goods, Microsoft, Kellogg's, and Grant Thornton trust Zuddl to host their virtual events. Zuddl grew by over 30x since its inception and today has an enviable list of clients that include Fortune 100 and other fast-growing enterprises such as Kellogg's, Microsoft, Dicks Sporting Goods, BYJU'S, Grant Thornton, and NASSCOM amongst others.
Source: https://www.prnewswire.com/news-releases/zuddl-raises-usd-13-35-mn-in-series-a-led-by-alpha-wave-incubation-and-qualcomm-ventures-301456046.html