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Venture Capital News: PubNub Lands $65M Series E Financing

2021-11-05
SAN FRANCISCO, CA, PubNub has raised a Series E funding round of approximately $65 million.
PubNub, the leading API platform for powering real-time connected experiences that bring people together for remote work, play, learning, and health, has raised a Series E funding round of approximately $65 million to capture increasing demand across a wide range of industries. Led by The Raine Group, with participation from firms including Sapphire Ventures, Scale Ventures, HPE, and Bosch, this financing round brings the company's total funding amount to over $130 million.

PubNub powers apps that bring people together in real-time for remote work, play, learning, and health. Thousands of companies use PubNub's 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 raised over $130M from notable investors like Raine Group, Sapphire, Scale, Relay, Cisco, Bosch, Ericsson, and HPE
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