Dubsmash Raises $5.5M in Series A Funding

Dubs_D_name_highresDubsmash, the Berlin, Germany-based viral video messaging app that lets users create and share dubbed selfie videos, raised $5.5m in Series A funding.

The round was led by Index Ventures, with participation from Lowercase Capital, ENIAC Ventures, Sunstone Capital, Raine Ventures and King Digital Entertainment CEO Riccardo Zacconi. As part of the investment, Index Ventures’ partner Danny Rimer joins the board.

The company intends to use the funds to expand the team and scale the infrastructure.

Launched in November 2014 by Roland Grenke, Dubsmash enables users to select an audio clip, such as a short movie scene or part of a popular speech, record themselves lip-syncing while it is playing, and then share the resulting Dub with their friends.
The app, which is available on both the Apple iOS and Android, has become popular with celebrities such as Hugh Jackman, Jennifer Lopez, Kevin Hart, Arnold Schwarzenegger, Neymar, Mario Götze, and Cara Delevingne, using it among others.
It has had more than 75 million installations since its launch.



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