VC Fund Investments
Live video infra startup 100ms raises $20-M from AWI, Matrix Partners India, others
100ms, a Bangalore-based live video infrastructure startup, has raised a Series A funding round of USD 20 million led by Alpha Wave Incubation (AWI). The round was joined by Matrix Partners India and LocalGlobe, along with participation from existing investors Accel and Strive.vc. 100ms aims to bring real-life interactions to the virtual world by providing world-class developer tooling for live video. Founded by engineers that built the video infrastructure at Facebook and Disney, 100ms's vision is to build rich, bespoke, and deeper-than-physical experiences for businesses and people. With customers like WhiteHat Jr, Circle, Paytm Insider, Frontrow, and Kutumb, 100ms announced that it has witnessed over 20X growth in usage metrics over the last quarter. With this round of funding, the company aims to help developers build and deploy enterprise-class video applications in hours. The company had raised a USD 4.5 million seed round in October 2021 from Accel India and Strive VC.
From the Venture Intelligence PE-VC Deal Database: In Oct-21, 100ms raised $4.5 M from Strive VC, and Accel India.
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