Total amount raised
$24.5 Millions
Latest funding date
03/01/2022
Location
100ms has successfully raised $20 million in a Series A funding round, led by Alpha Wave, with participation from Accel and Z47 (Matrix Partners India). The company specializes in providing live-video infrastructure, enabling developers to build and deploy enterprise-class video applications swiftly.
Keep reading to explore the intricacies of 100ms's fundraising journey and the investors backing this innovative platform.
What Is 100ms?
100ms, founded in October 2020, is a live-video infrastructure startup based in Fremont, California. The company was established by Aniket Behera, Kshitij Gupta, and Sarvesh Dwivedi.
Operating in industries such as video streaming, SaaS, and information technology, 100ms provides developers with tools to build and deploy enterprise-class video applications quickly. The company employs between 11 and 50 people and offers solutions for video conferencing, live streaming, and virtual events.
How Much Funding Has 100ms Raised?
- Seed Round
- Amount Raised: $4.5M
- Date: October 2021
- Lead Investors: Accel
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support the initial development and scaling of 100ms's live video infrastructure solutions.
- Series A Round
- Amount Raised: $20M
- Date: March 2022
- Lead Investors: Alpha Wave Incubation
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To help developers build and deploy enterprise-class video applications quickly and to capitalize on the growing demand for embedded video experiences in various applications.
Total Amount Raised: $24.5M. Current Valuation: Not publicly disclosed.
Key Investors
- Alpha Wave Incubation
- Details: Alpha Wave Incubation (AWI) is a $300 million venture fund backed by DisruptAD, ADQ’s venture platform, and managed by Alpha Wave Global. They led the $20 million Series A funding round for 100ms.
- Investment Focus Areas: Innovative technology solutions, video-based applications, live engagement tools.
- Notable Investments: Not publicly disclosed.
- Accel
- Details: Accel is a venture capital firm that invests in early-stage startups with significant growth potential. They led the $4.5 million seed round for 100ms and participated in the Series A round.
- Investment Focus Areas: Early-stage technology startups, innovative solutions, infrastructure.
- Notable Investments: Not publicly disclosed.
- Matrix Partners India
- Details: Matrix Partners India is a venture capital firm that invests in early-stage companies across various sectors. They participated in the Series A funding round for 100ms.
- Investment Focus Areas: Technology, consumer services, financial services.
- Notable Investments: Ola, Practo, Quikr.
- LocalGlobe
- Details: LocalGlobe is a UK-based venture capital firm that focuses on seed and impact investments. They participated in the Series A funding round for 100ms.
- Investment Focus Areas: Technology, healthcare, fintech.
- Notable Investments: TransferWise, Zoopla, Citymapper.
- Strive.vc
- Details: Strive.vc is a venture capital firm that invests in early-stage technology startups in Asia. They participated in both the seed and Series A funding rounds for 100ms.
- Investment Focus Areas: Technology, SaaS, consumer internet.
- Notable Investments: Not publicly disclosed.
What's Next for 100ms?
100ms is poised to capitalize on the growing demand for integrated video solutions across various sectors. The company aims to help developers build and deploy enterprise-class video applications quickly, offering tools for online classrooms, virtual events, and telehealth. With a global market for video-based solutions, the potential for growth is significant.
Future fundraising opportunities seem promising given the company's rapid growth and market potential. The involvement of prominent investors in the Series A round suggests that 100ms may continue to attract investment as it scales. However, the company will need to navigate challenges such as managing video infrastructure at scale and competing with established players like Zoom.
Use Clay to Get Funding Data
Sales professionals, leverage Clay’s platform to access comprehensive fundraising data on companies like 100ms and gather other critical business insights. Sign up for free to start enhancing your sales strategies today.
