Technology service giant internal got Hubble, A start-up company based in Vancouver, Washington, provides technology for virtual and face-to-face events. The terms of the transaction were not disclosed.
Hubb was founded in 2012 and has been running smoothly in the pandemic because the company was forced to move its activities online. After focusing on face-to-face events before the pandemic, the startup quickly expanded to virtual event technology last year. Its business has grown by 500% in 2020. Customers include companies such as Microsoft, AT&T, and Hubspot.
CEO and founder of Habu Allie Mazar In June, I talked about the future of live events on the GeekWire podcast, which may be different in the post-pandemic world.
According to data from PitchBook, Hubb was founded in 2015 and has raised 9.44 million US dollars in funding. Its largest round of financing was a $6.3 million investment in October 2018, led by Five Elms Capital, followed by previous investors Oregon Venture Fund and Elevate Capital.
Hubb is ranked 119th in GeekWire 200, which is our index of top private companies in the Pacific Northwest. This startup has about 80 employees.
After the transaction is completed, Magyar, a veteran in the event industry, will become Intrado’s chief product officer. Intrado, formerly West Corporation, is get In 2017, it was acquired by Apollo Global Management for US$5.2 billion. It provides various software services across cloud communications, digital media, security, education, health, and other vertical fields.
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