Gather, a digital events platform, has raised $26 million in a Series A funding round led by Sequoia Capital. The funding will be used to expand the atozmp3 company’s team and to further develop its platform.
The San Francisco-based company was founded in 2020 by CEO Nick Gauthier, who previously co-founded the software company Zeal. Gather’s platform allows users to create and host virtual and hybrid events, ranging from small meetings to large conferences.
The platform provides a customizable 3D virtual environment where attendees can interact with each other and with event content. The platform also toonily includes features such as breakout rooms, networking lounges, and interactive exhibits.
Gather has seen rapid growth in the past year, as the COVID-19 pandemic forced many events to move online. The company has hosted over 10,000 events to date, including conferences, trade shows, and corporate events.
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In a press release, Gauthier said, “Our mission is to create a more connected world by making it easy for people to gather and share experiences, regardless of location. This funding will enable us to accelerate our growth and build the future of events.”
Sequoia Capital Partner Pat Grady praised Gather’s platform, saying, “Gather is creating a new category of event that is more engaging, more immersive, and more interactive than traditional online events. We’re thrilled to masstamilanfree partner with Nick and the Gather team as they build the future of events.”
The funding round also included participation from existing investors including Bloomberg Beta, Fuel Capital, and XSeed Capital.
Gather is not the only company to capitalize on the growing trend of virtual events. Other companies in the space include Hopin, which recently raised $400 million in a Series C funding round, and Brella, which raised $10 million in a Series A funding round.
However, Gather differentiates itself masstamilan from its competitors by focusing on creating a highly customizable and immersive environment for attendees. The platform allows event hosts to create unique virtual spaces that can be tailored to their specific event and brand.
As the world begins to emerge from the pandemic, it justprintcard remains to be seen how much of the virtual events trend will persist. However, Gather’s strong growth in the past year suggests that there is a demand for digital events that can provide an engaging and interactive experience for attendees.
With the new funding, Gather will be well-positioned to continue to innovate in the space and to capture a larger share of the rapidly growing digital events market.
