Livestorm, a Paris, France-based video communications platform that runs in a mobile or desktop browser, raised $30M in Series B funding.
The round, which brings total amount raised to date to $35m, was led by Aglaé Ventures and Bpifrance Digital Venture, with participation from Raise Ventures and IDInvest.
The company intends to use the funds to accelerate product development, increase its marketing presence and scale its go to market strategies toward mid-market and enterprise in the U.S., while hiring both in Europe and the U.S. and its expansion into North America.
Led by Co-founder and CEO Gilles Bertaux, Livestorm provides a platform that allows businesses to host meetings or webinars from two to thousands of participants in a browser (desktop or mobile). The system can adapt to any kind of online event (online training courses, product demos, conferences), and manage it from end to end, from promotion through post-event ROI analysis. More than 3,500 companies from startups to Fortune 500 companies use Livestorm, including brands such as Shopify, Honda and Sephora.