mmhmm, a provider of a solution that turns Zoom calls into SNL Weekend Update-like presentations, raised $31M in funding.
The round was led by Sequoia Capital with participation from Human Capital, Future Positive, Goldman Sachs, Deborah Quazzo from GSV, Brianne Kimmel from Worklife, Precursor Ventures, Tony Fadell, Nate Dalton, Julia & Kevin Hartz, Kevin Systrom, Mike Krieger, Linda Findley Kozlowski, Jana Messerschmidt, Heather Podesta, Augie K Fabela II, Mark Ayzenshtat, Lachy Groom, Tammy Sun, Naomi Pilosof Ionita, Mubadala Capital, Mistletoe, WiL, Hiroshi Mikitani, Scrum Ventures, Digital Garage,
Satoshi Nakajima, Aglaé Ventures (the tech investment arm of LVMH), Eric
Perez-Grovas, Knife Capital, Isaac Lee, and Nori Matsuda.. The funding includes $5m for All Turtles, and $5m in venture debt from Silicon Valley Bank. This is in addition to the $4.6m seed round the company closed in June, bringing the total amount raised to date to $35.6m.
The company intends to use the funds to continue to expand its development and business growth efforts.
Launched by Steve White and Phil Libin (Evernote, General Catalyst), mmhmm provides a product that makes video calls/meetings/presentations fun, easy and collaborative. The solution, which works with Zoom, Google Meet & YouTube, has already collected 100K+ signups since the beta launch about three months ago.
mmhmm was born out of All Turtles, Phil Libin’s mission-driven product studio that brings together small teams of engineering and design talent to move ideas forward quickly.