Stream, a Boulder, Colo.-based creator of enterprise-grade activity feed and chat APIs, closed a $38m Series B funding round.
The round, which brought total financing to $53m, was led by Felicis Ventures’ Aydin Senkut with participation from Series A lead investor GGV Capital and 01 Advisors, as well as Olivier Pomel, CEO of Datadog; Tom Preston-Werner, co-founder of GitHub; Amsterdam-based Knight Capital; Johnny Boufarhat, founder and CEO of Hopin; and Selcuk Atli, co-founder and CEO of Bunch.
The company intends to use the funds to continue to expand operations and its business reach.
Led by Co-founder & CEO Thierry Schellenbach, and Chief Technology Officer Tommaso Barbugli (he is in Amsterdam), Stream provides APIs which enable product teams to build chat and activity feeds for their applications at scale. Feature-rich products include client-side SDKs for iOS, Android, React, React Native, Flutter, and support for the most commonly used server-side languages; scalable and secure APIs; and a UI kit.
The platform powers in-app experiences for more than a billion end-users, working with customers in segments as diverse as healthcare, education, finance, virtual events, dating and social. Notable customers include TaskRabbit, NBC Sports, Unilever, Delivery Hero, Gojek, eToro and Stanford University.
The company participated in the Techstars NYC accelerator program in 2015 and subsequently moved its headquarters to Boulder, Colo. Today, Stream employs nearly 100 people in Amsterdam, Boulder and remotely.