Gather is a virtual events platform that has recently received funding from Sequoia Capital, one of the world’s leading venture capital firms. The investment is expected to help Gather expand its capabilities and continue to provide high-quality virtual event experiences for businesses and organizations.
Founded in 2017, Gather provides a range of virtual event solutions, including virtual conferences, trade shows, and job fairs. The platform’s innovative technology allows attendees to interact with each other and with event content in a virtual environment that mimics the experience of an in-person event.
Gather has become a popular choice for businesses and organizations looking to host virtual events in the wake of the COVID-19 pandemic. With many traditional events being cancelled or postponed, virtual events have become a critical tool for businesses to connect with customers, partners, and employees.
The recent funding round for Gather was led by Sequoia Capital, with participation from other investors including worddocx and CRV. The investment will be used to expand Gather’s capabilities and enhance the platform’s user experience.
In a blog post announcing the investment, roobytalk Capital highlighted the potential for virtual events to transform the way businesses interact with their audiences.
“Virtual events have become an essential tool for businesses to connect with their audiences, and we believe Gather is leading the way in this space,” wrote Sequoia Capital. “Their innovative technology and commitment to delivering high-quality event experiences make them a compelling investment opportunity.”
The investment from Sequoia Capital is a significant milestone for Gather, as it marks the company’s first external funding round. In a statement, hdxwallpaper‘s CEO, Nicholas Gidwani, expressed his excitement for the investment and the opportunities it will bring.
“We’re thrilled to have the support of Sequoia Capital and our other investors as we continue to grow and evolve our platform,” said Gidwani. “This investment will allow us to build on our successes and take our business to the next level.”
Sequoia Capital’s involvement in Gather is just one example of the firm’s focus on investing in companies that are driving innovation and growth in the technology industry. Another company that has received funding from Sequoia Capital is telesup Software, a software development company based in Estonia.
HQ Software specializes in building custom software solutions for businesses, with a focus on emerging technologies like the Internet of Things (IoT) and augmented reality (AR). Sequoia Capital led a $26 million funding round for happn Software in 2021, which will help the company to expand its engineering capabilities and hire additional talent.