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Venture Capital News: Sendbird Lands $100M Series C Round

2021-04-06
SAN MATEO, CA, Sendbird today announced that it closed $100 million in Series C funding in an oversubscribed round.
Sendbird, the leading mobile engagement & communication company across in-app chat, voice and video, today announced that it closed $100 million in Series C funding in an oversubscribed round led by STEADFAST Capital Ventures. STEADFAST Managing Director and Head of Venture Capital Karan Mehandru will join Sendbird's board of directors. Emergence Capital, Softbank Vision Fund 2*, and World Innovation Lab also participated in the round, as well as previous investors, ICONIQ Growth, Tiger Global Management, and Meritech Capital.

Sendbird is the leading mobile engagement and communication platform trusted by modern digital and mobile-first companies like Reddit, Delivery Hero, and Paytm. We allow any company to quickly and easily embed rich real-time chat, voice, and video into their app to build connections with their users and between their users. With Sendbird customers can get access to the benefits of chat, voice, video quickly and with significantly less development effort or risk if they were to build it or maintain it themselves.
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