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Venture Capital News: Around Secures $10M Series A Financing

2021-03-02
REDWOOD CITY, CA, Around, the next-generation video collaboration service, announced a $10 million Series A funding round.
The round was led by Wing Venture Capital, with Forerunner Ventures and Slack Fund, as it launches into its public beta phase. Around's video service is now available to everyone having been adopted by over 10,000 remote teams on an invite-only basis. Early backers Initialized Capital, Credo, Floodgate and angel investor Naval Ravikant also participated, bringing Around's total investment to $15.2M as businesses look for ways to keep employees productive and creative in the new remote-hybrid workplace.

Around is video collaboration reimagined for the new remote-first era, with lean, elegant design and proprietary technology perfect for 1:1s, team syncs and on-the-fly sessions. Around operates fully remotely with team members in the US, Czech Republic, Germany, Hungary, Slovakia, Spain and Switzerland.
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