Dubsmash, the Berlin, Germany-based creator of an app that allows users to make videos with quotes and entertain friends, raised €9m in Series B funding.
The round was led by Sunstone Capital with participation from Index Ventures, Balderton Capital, Eniac Venture, and Lowercase Capital.
The company intends to use the funds to restructure the organization to scale growth.
Led by Jonas Drüppel, CEO, Dubsmash provides an iOS or Android app that allows users to choose their favorite sound from cartoons, movies, and commercials, Record themselves with the sound and share recorded Dub with friends.
The app has more than 100 million users in more than 100 countries.