LiveKit co-founder believes the metaverse needs open infrastructure | TechCrunch
Summary
LiveKit, an open-source WebRTC infrastructure provider founded by Russell dSa and David Zhao, announced a $7 million seed round led by Redpoint Ventures and individual investors. The platform helps developers build and scale real-time audio and video experiences and quickly trended on GitHub with nearly 2,000 stars and over 100 projects using it. The team has grown from three to 15 employees and plans to introduce paid services such as analytics, abuse monitoring, transcription, and other developer tools. The company is focusing on improving reliability and performance for use cases ranging from live event cameras to large-scale interactive experiences tied to metaverse and VR/AR scenarios.
Funding
Amount
$7.0M
Total raised
Date
October 21, 2021
Announcement date
Investors
-
Lead investors
Company
livekit.io
Funded company
Classifications
industries
No industries detected
applications
Call Center Management
AskAI Classifications
Labels
No AI classifications detected