Delaware-based
virtual event platform startup Airmeet on Feb. 8 raised US$35 million in Series
B funding just six months since its Series A round. The latest came from new
investors Prosus Ventures, Sistema Asia Fund, RingCentral Ventures, KDDI Open
Innovation Fund, DG Daiwa Ventures and Nexxus Global. Also participating were existing
investors Sequoia Capital India and Accel India.
Airmeet
was founded by India-based entrepreneur and CEO Lalit Mangal in 2019. Since
receiving $15 million last year, $12 of it in Series A funding led by Sequoia
Capital India, the company claimed it grew 30 percent month over month. According
to a press release, Airmeet has enabled more than 120,000 event organizers to
stream 150 million minutes of video airtime globally.
On the
same day, Los Angeles-based event management platform Swoogo secured $20 million
in Series B investment led by Bain Capital. CEO Christopher Sykes, who acquired
a majority stake in the company in March 2020 with backing…