Rounds Raises $12M in Series B Funding

Funding Rounds

▤ Summary

Rounds, a NYC-based live communication platform, raised $12m in Series B funding.The round was led by Sequoia Capital with participation from Samsung Ventures, Verizon Ventures, Rhodium and DFJ’s Tim Draper.The company intends to use the funds to expand operations with new hires across various departments (read here), as well as to build out the platform further by bringing entertainment into the conversation.Led by Dany Fishel, CEO and Co-founder, Rounds provides a live communication platform that allows users to connect to friends and family through instant group video chats on mobile.To date, Rounds has 25 million users worldwide.

$ Funding

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Amount $12.0M Total raised
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Date January 14, 2015 Announcement date
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Investors - Lead investors
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Company http://www.rounds.com Funded company

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