Rounds Raises $12M from Sequoia Capital and Samsung Ventures!

| by Ilan Leibovich

We are super excited to announce today, that we have raised $12M in series B funding led by Sequoia Capital with participation from Samsung Ventures and our existing investors Verizon Ventures, DFJ’s Tim Draper and Rhodium.

The funding will help us expand our team, continue our growth and further develop the product. With now more than 25 millions users from all over the world, we’re ecstatic that our fun instant group video chat platform is getting even bigger and better.

We truly feel privileged to have Whatsapp’s sole investor Sequoia Capital, the venture arm of the Samsung Group, Skype’s early investor and board member, Tim Draper, as well as Verizon Ventures and Rhodium backing us. They are the pioneers of the mobile, consumer electronics and telecommunications space and we’re thrilled to have them supporting our vision as we take the video communication space to where we believe it could and should be.

We have tons of exciting news coming up over the next few months, which we can’t wait to share with you, so stay tuned!

The Rounds Team

Category: ,

Have something to say?