Video conferencing platform 100ms secures $20 million funding led by Alpha Wave Incubation

New Delhi: 100ms, a live video conferencing infrastructure startup, on Friday said that it has raised $20 million in a funding round led by Alpha Wave Incubation (AWI), with participation from Matrix Partners India and LocalGlobe, and existing investors Accel and

The company aims to help developers build and deploy enterprise-class video applications in hours.

Founded in October 2020 by Kshitij Gupta, Aniket Behera and Sarvesh Dwivedi, the platform provides infrastructure that allows a company to add Zoom-like video conferencing inside its app.

“Building and managing video infrastructure at scale is a non-trivial problem for most organizations”, said Gupta, CEO at 100ms. “Our goal is to make it easy for businesses of all sizes to deliver deeper-than-physical live video experiences within their products in less than half-dozen lines of code.”

The startup previously raised $4.5 million in a funding round led by Accel,
ET reported in October last year.

The Bengaluru-based company counts Paytm Insider, BookMyShow, Townscript and Circle among its clients.

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“Video-based solutions will be a key driver in the development of B2B and B2C products in a multitude of verticals. By abstracting the complexities of video streaming, 100ms has created a sophisticated, yet easy-to-use product for companies to be able to add high-end, live engagement tools in a cost-effective manner. The market for this is global and through its differentiated GTM, 100ms is poised to be the market leader in this space” Anirudh Singh, managing director at Falcon Edge’s Alpha Wave Incubation said.

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