Contraline Closes $10.7 Million Series A Financing to Become a Clinical Stage Company
22 Oct, 2021
– Hubilo, a platform that helps businesses of all sizes host virtual and hybrid events and gain access to real-time data and analytics, has raised $23.5 million in a series A round led by Lightspeed Venture Partners.
– The round saw participation from the U.K.’s Balderton Capital and Microsoft chair John W. Thompson, among other angel investors.
– The investment comes as people around the world prepare for a semblance of normality after a year of pandemic-induced social distancing.
– But while physical events will likely return in some form in the next year, online events are widely expected to stay — either exclusively or as part of a hybrid format.