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Rive Announces $10M Series A Round

2023-01-17
SAN FRANCISCO, CA, Rive, provider of real-time animation software, today announced $10 million in Series A funding, led by Two Sigma Ventures.
This funding will support the launch of Rive's cloud collaboration tool for creating animated graphics that run anywhere. This financing follows a previously announced $4 million seed round led by Andreessen Horowitz (a16z).

Rive is changing the way designers and developers work together by enabling creatives to build animated interactive experiences that run faster, store smaller, and use less memory than existing design solutions. This new workflow allows designers and developers to focus on what each does best, eliminating the need for a complicated handoff. Creative teams can iterate freely on graphics like animated UI, characters, heads-up displays, hero moments, buttons, icons, and emojis. Rive saves companies time and engineering resources, empowering designers to produce interactive content from ideation to production.
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