hopin
Hopin, the struggling virtual conference unicorn, sells events and engagement units to RingCentral
Hopin, the virtual events startup that saw its star (and valuation) rise quickly during the COVID-19 pandemic, is most definitely coming down to earth. Today the company announced that it…
As the market cools, aggressive Tiger Global looks to raise a fund that’s half the size as its last
In recent years, assets under management at the investment firm Tiger Global have exploded. Now the firm is taking stock and winnowing down its operations, per a new investor letter…
We don’t need to tell you about the layoffs that are defining the tech landscape right now, concentrated particularly in late-stage companies that are struggling to raise extension rounds and…
Hopin’s COO, CFO and chief business officer are out
As part of its second workforce reduction in a matter of months, virtual events platform Hopin has parted ways with its COO, CFO and chief business officer, TechCrunch has learned…
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Hopin cuts 29% of its staff, just months after its last layoffs
Virtual events platform Hopin, last valued at a $7.75 billion valuation, has laid off 29% of employees, or 242 people, a spokesperson confirmed to TechCrunch over e-mail. The cuts come just four months after Hopin let 12% of its workforce go, at the time citing a goal of sustainable growth amid the changing market. In…
Dublin-based corporate gifting platform &Open raises $26M Series A led by Molten Ventures
Last year we covered how “&Open” (yes, “ampersand open,” pronounced “And Open”) had raised a raised $7.2 million seed to make it easier for brands to send gifts to customers…
Pandemic-fueled companies are finding the new reality hard to swallow
Could it be that companies that fell out of favor due to COVID-induced shifts in the economy are best prepared to excel this year?
Allseated raises $15M to expand beyond event visualizations into corporate metaverses
Two-dimensional virtual event platforms such as Hopin, Cvent and Zoom have become staples of virtual events, but these are about consuming content rather than “user activation” for brands. So in…
Hong Kong’s offline and virtual events platform EventX closes $18M Series B
As countries ease up on COVID restrictions, activities are going back in person. But the virtual event space continues to attract investors, at least in Asia. Hong Kong-based events management…
TechCrunch+ roundup: Zendesk rejects $17B offer, sidewalk robots, recruiting survey
The laws of physics dictate that momentum can only take you so far. Eventually, external forces like gravity, friction — or increased competition in your chosen sector —will cause things…
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Hopin’ into lessons from Peloton
Welcome to Startups Weekly, a fresh human-first take on this week’s startup news and trends. To get this in your inbox, subscribe here. In the beginning of the pandemic, we learned which companies were unprepared to handle a cataclysmic event. Now, as the world slowly starts to reopen in light of vaccinations, we’re learning which…
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It’s not a startup reckoning, it’s a recorrection
The final lesson from the pandemic bump, and later deceleration, is which startups are disruption-proof.
Virtual events platform Hopin cuts 12% of staff, citing goal of ‘sustainable growth’
Hopin, a virtual events platform often lauded for its rapid-scale growth amid the pandemic, has cut 138 full-time employees, or 12% of staff, as well as some contractors, according to…
Hubilo picks up $125M to double down on building a more engaging platform for virtual and live events
Virtual became the norm for physical gatherings at the height of the Covid-19 pandemic, and now, as many jet back into in-person meetings, some believe that the online version, at…
Events platform Bevy acquires Egypt’s Eventtus to scale its offering for enterprises
It’s been fascinating to watch the development of Eventtus, a startup I came across many years ago in my travels in the Middle East, finding them at the Rise-Up Summit…
Accel closes on $3B across three funds as it ramps up global investing
Accel announced Tuesday the close of three new funds totaling $3.05 billion, money that it will be using to back early-stage startups, as well as growth rounds for more mature…
Hopin buys two more companies as it triples down on video focus
Hopin, a unicorn best known for its online events-hosting service, announced this morning that it has acquired two more companies. The smaller concerns, Jamm and Streamable, were acquired in deals…
This morning Hopin, a virtual events platform and video-focused software service, announced that it has closed a $400 million Series C. The new capital values Hopin at $5.65 billion. Both…
Virtual events platform Hopin is hopin’ for a mega valuation. According to multiple sources who spoke with TechCrunch, the company, which was founded in mid-2019, is running around the fundraise…
Hopin buys livestreaming startup StreamYard for $250M as it looks to expand its product lineup
This morning Hopin, a quickly growing startup that sells a technology platform for hosting digital events, announced that it has acquired StreamYard. The acquired company, which bootstrapped itself to material…
Hopin raises $125M for its online events platform on the back of surging growth
This morning Hopin, a startup that provides online events software, announced that it has closed a $125 million Series B round of capital. The new funds come mere months after…
