202104 Nov

PubNub Closes $65 Million Series E Investment Round as Real-Time Connected Experiences go Mainstream

Summary

PubNub, the leading API platform for powering real-time connected experiences that bring people together for remote work, play, learning, and health, has raised a Series E funding round of approximately $65 million to capture increasing demand across a wide range of industries. “We are thankful and excited to have The Raine Group join our exceptional team of investors.” Today, PubNub’s software powers innovative digital economy companies including Adobe, Atlassian, DocuSign, and RingCentral. Thousands of companies use PubNubs developer platform and APIs as the foundation for their online chat, virtual events, geolocation, remote control, and real-time updates, at a massive global scale. Since 2010, PubNub has invested in the tools and global infrastructure required to serve customers like Adobe, DocuSign, Peloton, and RingCentral, delivering SOC 2 Type 2 security and reliability while meeting regulatory needs like HIPAA and GDPR. With a global reach, Raine focuses on investment and advisory opportunities where its deep industry experience and unique network of strategic relationships can create value for portfolio companies and clients.

Source: Prweb

Funding

$65M
Amount
Nov 04 2021
Date
-
Investor
PubNub
Company

Classifications

Companies