French Livestorm raises $30 million in a Series B round
Paris-based Livestorm, a video communication platform, has raised $30 million in a Series B round. The round was led by Aglaé Ventures and Bpifrance Digital Venture, with participation from Raise Ventures and IDInvest. This brings Livestorm’s total amount raised to $35 million, the company reports.
Founded in 2016 by Gilles Bertaux, Robin Lambert, Vincent Garreau, and Tom Forlini, Livestorm is the only video platform that works in the browser from any device you choose. Livestorm is used both for one-on-one meetings and for large virtual events with more than 1,000 participants. The company`s software includes end-to-end features for planning, promoting, executing, and measuring ROIs for video conferencing and events.
The raised funds will be used to develop new features and functionalities to support larger companies. Also, Livestorm plans to expand into North America. To date, Livestorm has been the best solution for rapidly changing industries such as state and local government, healthcare, education, and more. More than 3,500 companies of all sizes now rely on Livestorm.
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