Daily Raises $15 Million from Lachy Groom and Tiger Global to Expand Video and Audio Chat APIs for Developers

Funding Rounds

Summary

SAN FRANCISCO, March 10, 2021 /PRNewswire/ -- , the leading real-time video and audio developer platform, has raised its $15M Series A, led by Lachy Groom with participation from Tiger Global and existing investors. Daily has raised $22M total and will use the investment to support the growth of its WebRTC API offerings for developers and enterprise customers. Notes Hultman Kramer, "Companies dont want to lose control over their brand, product, and data when users join calls. Developers require a platform focused on WebRTC video and audio, so they build quality in-app features and a stellar collaboration experience." Its live streaming support enables calls to be broadcast to custom media players or third-party platforms.

$ Funding

$
Amount $15.0M Total raised
Date March 9, 2021 Announcement date
Investors Афиша Lead investors
Company http://www.daily.co Funded company

Classifications

industries
No industries detected
applications
Collaboration & Communication

AskAI Classifications

Labels
Software Development SaaS Real-time Communications

Linked Companies

Daily
$1M to $5M