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Hopin Offers Online Events Forum; Bags $125M

The UK-based Hopin is gradually gaining ground in the booming virtual events platform. Investors recently put up $125 million, wherein a SeriesA round was valued at $40 million. Watch this video at TechCrunch to learn about the $2.1 billion company. Zoom disrupted the industry right when the pandemic hit the world. Hopin is currently enjoying similar popularity for virtual events. Since social distancing and small business are the new norms for millions of professionals, many organizations canceled their annual events. So, many are open to embracing live streams or virtual alternatives. The growth is converting into profits as Hopin aims to turn over $20 million in annual recurring revenue.

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