Hubilo, a San Francisco, CA-based global virtual events platform, raised $125M in Series B funding.
Backers in the round, which brought total funding to $153M to date in less than 18 months, included Alkeon Capital, Lightspeed Venture Partners and Balderton Capital.
The company intends to use the funds to develop its platform, create new business functions, expand its international growth, and strengthen its product, engineering, and design teams in India, and go-to-market teams in the US, UK, EMEA, and APAC. Hubilo also plans to set up new sales offices in key regions to expand its operations.
Led by Founders Vaibhav Jain and Mayank Agarwal, Hubilo provides a virtual + hybrid event platform built for engagement and event excellence with a 24/7 fully dedicated customer success team, a suite of engagement and gamification features, and branding capabilities. Clients include Walmart, United Nations, AB InBev, Roche Pharma, Echo, GITEX, and several others across the United States, Europe, APAC, Middle East, and Africa. The company is headquartered out of San Francisco, with a base office in Bengaluru in India.