202106 Apr
Sendbird raises $100M at a $1B+ valuation, says 150M+ users now interact using its chat and video APIs – TechCrunch – Bestgamingpro
Type
Funding Rounds
Companies
Funding
202106 Apr
$100MSeries C
Source
Bestgamingpro
Summary

John Kim, Sendbird’s CEO and founder, stated that extra developments like moderation has seen an enormous take-up, and providers it plans so as to add into the combination embody funds and logistics options, and that it’s taking a look at including in group audio conversations for purchasers to construct their very own Clubhouse clones. That development, in a way, isn’t a shock, given not simply the local weather proper now for digital interplay, however the truth that Sendbird itself has tripled the variety of prospects utilizing its instruments since 2019. That in flip has led a wave of different firms to construct in their very own communications options, a method each to offer extra neighborhood for his or her customers, and to maintain individuals on their very own platforms within the course of. “It’s an arms race happening between messaging and cost apps,” Sid Suri, Sendbird’s advertising head, stated to me in describing the aggressive panorama. “Sendbird might look the identical as others however when you peel the onion, offering a scalable chat expertise that’s extremely personalized is an actual drawback to unravel.

Classifications
  • Payment Processing
  • Fintech & Banking
  • Data Management
  • General Data Management
  • Anti Piracy