Gather, a virtual event platform, has raised $26 million in a Series A funding round led by Sequoia Capital. The funding will be used to expand the company’s platform and improve its capabilities.
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Gather was founded in 2020 by CEO Tom Albergotti and CTO Alexander Young. The platform aims to provide a more engaging and interactive virtual event experience, with features such as live polls, Q&A sessions, and interactive atozmp3 maps. Gather also allows attendees to network with each other and exhibitors through virtual booths and chat rooms.
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The COVID-19 pandemic has accelerated the adoption of virtual event platforms, as many companies and organizations have had to shift their events online due to social distancing measures. However, even before the pandemic, there was a growing trend towards virtual events as a way to reduce costs and increase accessibility.
Sequoia Capital’s investment in Gather is a sign of the company’s potential in the virtual event space. Sequoia is a well-known venture capital firm that has backed many successful companies, including Airbnb, Dropbox, and Zoom. The firm’s investment in Gather toonily could help the platform gain credibility and attract more customers.
Gather has already hosted a number of successful virtual events, including the TEDxPortland conference and the Portland Design Week festival. The company’s platform has been praised for its ease of use and flexibility, allowing organizers to create custom virtual event spaces and interactive experiences.
The $26 million funding round is a significant milestone for Gather, which has only been in operation for a little over a year. The masstamilanfree funding will allow the company to continue to grow and innovate in the virtual event space, potentially becoming a major player in the industry.
In addition to Sequoia Capital, the funding round also included participation from Founders Co-op, Seven Peaks Ventures, and Oregon Venture Fund. These investors bring a wealth of experience and expertise to the table, which could help Gather scale and refine its platform.
Overall, Gather’s $26 million funding round is a positive sign for the virtual event industry, which is likely to continue growing in the masstamilan coming years. The COVID-19 pandemic has made virtual events more popular than ever, and even as the pandemic subsides, many companies and organizations may continue to host virtual events as a way to increase accessibility and reduce costs.
Gather’s platform offers a unique and innovative approach to virtual events, with features that go beyond basic video conferencing tools. With the support of Sequoia Capital and other investors, Gather has the potential to become a leading justprintcard player in the virtual event space, offering a more engaging and interactive experience for attendees and organizers alike.