Hippo Video, a video customer experience (CX) platform, Wednesday announced that it has raised $4.5 million in Series A funding led by Alpha Wave Incubation (AWI), a $300-million venture fund, managed by Falcon Edge Capital, and Exfinity Venture Partners.
Hippo Video will use the funds to propel the company to expand its GTM teams as well as ramp up the engineering team, it said in a statement.
“With the increasing role of video in communication and social media, Hippo Video looks to capitalize on video as a key decision influencer and trust driver. Hippo Video drives sales, marketing, and overall customer experience through our REALTM platform. Through personalised videos created by Hippo Video, sales teams can achieve productivity increases of up to 3x,” CEO and founder of Hippo Video, Karthi Mariappan said.
With the latest funds, Hippo Video will also expand its presence to Abu Dhabi and use the Emirate as a strong global base for international expansion while also targeting the GCC, MENA, and other global markets. The startup also plans to build a team of data scientists, product managers, and engineers located in Abu Dhabi.
Hippo Video claims to offer complete solutions across creation, delivery, and measurement of metrics for personalized videos. It also offers technological innovations such as rich online pro-editing, on the fly in-video personalisation at scale, video landing pages, smart webcam, and screen recorder, extensive reporting & analytics, and enterprise grade security.
INDIA DEAL MONITOR
Here are prominent venture capital transactions in India from September 6-September 9 2020.
|Startup||Headquarter||Investment Size (USD)||Investment Stage||Lead Investor(s)||Other Investor(s)||Industry||Verticals|
|Hippo Video||Delaware||4.5 million||Series A||Alpha Wave Incubation, Exfinity Venture Partners||Sequoia Capital India’s Surge, KAE Capital||Software||Sales & Marketing Software|
|Hasura||San Francisco, Bengaluru||25 million||Series B||Lightspeed Venture Partners (US)||Vertex Ventures US, Nexus Venture Partners, Strive VC, SAP.iO Fund, John Thomspon||IT Infrastructure||Cloud Computing|
|ConnectedH||Gurugram||-||Seed||First Cheque, Sprout Investments, PointOne Capital||Rohit MA, Ajeet Singh Kushwaha, Ankur Pahwa, Anurag Mehrotra||Healthcare Services||HealthTech|
|Byju's||Bengaluru||500 million||-||Silver Lake||Tiger Global, General Atlantic, Owl Ventures||Education/Training||EdTech|
|Cell Propulsion (reported)||Bengaluru||-||Pre-Series A||GrowX Ventures, Micelio||Endiya Partners||Automobiles Other Vehicles & Parts||Electric/Hybrid Vehicles|
|BluSmart Mobility Pvt Ltd||Delhi/NCR||7 million||Pre-Series A||Inflection Point Ventures, Venture Catalysts, Survam Partners, Mumbai Angels, Chhatisgarh Investments Ltd., JITO Angels, Lets Venture Fund, Kaplavriksh Fund||-||Transportation Services||Ridesharing/Transport|
|Deepsync Technologies||Bengaluru||300000||-||Anicut Angel Fund (Anjan Ghosal and Venkat Raju)||Ashvin Chadha, Sanjiv Bajaj, Varun Thapar, Pran Mehra, Tushar Singh||Software||AI and Machine Learning|