PubNub, a San Francisco, CA-based API platform for powering real-time connected experiences that bring people together for remote work, play, learning, and health, raised $65m in Series E funding.
The round, which brought total funding amount to over $130m, was led by The Raine Group, with participation from Sapphire Ventures, Scale Ventures, HPE, and Bosch. As part of Raine’s investment, Christopher Donini, Managing Director of The Raine Group, and Kevin Linker, Managing Partner of Raine’s Next-Gen Communications, will be joining PubNub’s Board of Directors.
The company intends to use the funds to capture increasing demand across a wide range of industries.
Led by Todd Greene, CEO and Co-Founder, PubNub provides apps that bring people together in real-time for remote work, play, learning, and health. Thousands of companies use its developer platform and APIs as the foundation for their online chat, virtual events, geolocation, remote control, and real-time updates, at a massive global scale. Since 2010, PubNub has invested in the tools and global infrastructure required to serve customers like Adobe, DocuSign, Peloton, and RingCentral, delivering SOC 2 Type 2 security and reliability while meeting regulatory needs like HIPAA and GDPR.
PubNub has approximately 150 employees and plans to add a team in APAC headquartered in Singapore by Q1 2022.
FinSMEs
04/11/2021