Over $3.24 Billion in Funding to WebRTC Companies in 2017

Over $3.24 Billion in Funding to WebRTC Companies in 2017

Over $3.24 Billion in Funding to WebRTC Companies in 2017

Over the last 3 years, we have tracked the amount of funding going to companies that have implemented Web Real-Time Communications (WebRTC) into their products and services. In 2015 we saw $1.09 billion in funding, in 2016 there was an enormous jump to $2.7 billion in funding and in 2017 we continued the upward trend ringing in more than $3.24 billion in funding.

As in previous years, Snap Inc. has made a vast majority of the funding received, and 2017 was no different with them receiving a $2 billion Post-IPO equity cash infusion. Taking a look at the numbers below without including Snap is still quite impressive.

2015 2016 2017
Funding Funding % Growth Funding % Growth
$552.4M $900M 62.9% $1.24B 37.7%

We believe that there are far more companies that received funding in 2017 that integrate real-time communications powered by WebRTC, however, we are finding it harder and harder to keep track of all of them. All of which is a great signal for the community. Tsahi at Bloggeek.me has a dataset of over 1,300 companies who have implemented WebRTC to date.

We are excited to see the trend continue in 2018 as we head into the official WebRTC 1.0 specification being realized after nearly 7 years in the making. Special thanks to the Google team for all their hard work and dedication to the project.

If you have been waiting to integrate real-time communications into your product, now is the time! Contact us today for a free consultation.

January 2017

SnapMD received $3.25M in Series A Funding

SnapMD operates a cloud-based patient-to-provider telemedicine platform that connects individuals with pediatric physicians in the U.S.

http://www.snap.md

24Sessions received €385,000 in Seed Funding

24sessions provides businesses with a way to meet customers digital face-to-face.

http://www.24sessions.com  

Lingo Live received $5.2M in Series A Funding

Lingo Live teaches employees of multinational companies to learn to speak English or any other foreign language through live, online lessons with native instructors over video conference.

http://www.lingolive.com

Level Therapy received $125K in Seed Funding

Level Therapy is a platform that provides patients with treatment tools and video access to psychotherapists.

http://www.trylevel.com

CafeX Communications received $18M in Series C Funding

CafeX is a cloud communications provider of one-click collaboration solutions to help enterprises enhance team productivity and customer engagement within digital channels.

http://www.cafex.com

CirrusMD received $1.75M in Seed Funding

CirrusMD develops “closed loop” virtual care solutions for value-based healthcare organizations. We allow everyone to access convenient, timely medical care with local physicians in the same way that doctors address concerns for their friends and family – through text messaging, phone and video chat.

http://www.cirrusmd.com

February 2017

Fuze received $104M in Series E Funding

Fuze is a global, cloud-based unified communications platform that empowers productivity and delivers insights across the enterprise by enabling simplified business voice communications, flexible video conferencing, and always-on collaboration.

http://www.fuze.com

March 2017

Layer received $15M in Series B Funding

Layer is a customer conversation platform, enabling companies and their customers to have immediate, interactive and personalized experiences from any digital interface.

http://www.layer.com

Tellybean received €375,000 in Equity Crowdfunding

Tellybean is a video call solution that enables users to convert their televisions into videophones.

http://tellybean.com

Fam received $1.8M in a Convertible Note

Smack, Inc.’s mission is to build products that revolutionize the way teens and millennials communicate.

http://www.fam.live

Peer5 received $2.5M in Seed Funding

Peer5 operates a serverless CDN for massively-scaled video streaming, providing a TV-grade broadcasting solution for the Internet.

http://www.peer5.com

April 2017

TruClinic received $625K in a Convertible Note

TruClinic is breaking down the barriers of access, cost and location in the healthcare industry by providing a web-based solution through which patients, providers and care teams can connect face to face, anytime, anywhere.

http://www.truclinic.com

PhenixP2P received $3.5M in Series A Funding

PhenixP2P’s mission is to be the “go­-to” provider for real­-time video streaming. Building on WebRTC, their proprietary peer-to-peer multicast technology enables users to broadcast high quality real-time video to audiences of all sizes at low operating cost.

http://www.phenixp2p.com

Babylon Health received $60M in Series B Funding

Babylon delivers high quality healthcare via your mobile phone and employs only the very best doctors and provides them with rigorous industry-leading training..

http://www.babylonhealth.com

Huddly received $10M in Series B Funding

Huddly develops an intelligent software-upgradable platform that powers the world’s smallest and most powerful video collaboration camera – Huddly GO, the first product in the Huddly hardware portfolio.

http://www.huddly.com

Kallfly received an undisclosed Seed Round

Kallfly is an On-Demand virtual Contact Center marketplace, connecting businesses with experienced home-based call center agents.

http://www.kallfly.com

May 2017

Fuze received $30M in Series E Funding

Fuze is a global, cloud-based unified communications platform that empowers productivity and delivers insights across the enterprise by enabling simplified business voice communications, flexible video conferencing, and always-on collaboration.

http://www.fuze.com

GradeSlam received an undisclosed Non Equity Assistance Round

GradeSlam powers personalized learning in schools and districts. Students receive one-to-one support from certified educators while its powerful software provides classroom teachers with analytics on their students.

http://www.gradeslam.org

Symphony received $63M in a Venture Round

The secure, cloud-based communications platform that connects markets and individuals, Symphony promotes collaboration and increases workflow productivity while maintaining organizational compliance.

http://www.symphony.com

Loom received an undisclosed Seed Round

Loom is a platform that allows you to make quick videos using a lightning-fast video recorder capable of capturing your screen, webcam, and microphone.

http://www.useloom.com

Peloton received $325M in Series E Funding

Peloton is revolutionizing the fitness industry by merging high-design with modern technology to provide access to live and on-demand fitness group classes led by elite NYC instructors.

http://www.onepeloton.com

HelloMD received $200K in Seed Funding

HelloMD is a digital healthcare platform for medical cannabis doctor consultations.

http://www.hellomd.com

June 2017

HelloMD received $1.28M in Equity Crowdfunding

HelloMD is a digital healthcare platform for medical cannabis doctor consultations.

http://www.hellomd.com

YodelTalk received €500,000 in Seed Funding

Yodel is the first smart assistant for your business phone calls, with cutting edge voice recognition, fully integratable into your business chat.

http://www.yodel.io

Wavecell received $8.15M in Series B Funding

Wavecell offers Messaging Solutions and Live Video Interaction for any platforms such as applications, websites, and services.

http://www.wavecell.com

Discord received $50M in a Venture Round

Discord offers an all-in-one voice and text chat for gamers that’s free, secure, and works on both your desktop and phone.

http://www.discordapp.com

Regroup Therapy received $6M in Series A Funding

Regroup Therapy provides telemedicine solutions to eradicate mental healthcare shortages across the USA.

https://regrouptherapy.com

ClassPass received $70M in Series C Funding

ClassPass is the leading membership to the world’s largest fitness network. With over 8,000 partners in 39 cities worldwide, ClassPass provides members a variety of fitness experiences to choose from, including yoga, cycling, Pilates, barre, running, strength training, dance, sports, videos and more.

http://www.classpass.com

Vapour Media received £1,000,000 in a Venture Round

Vapour provides SME resellers with the point of access to highly competent independent, private network infrastructure, a choice of leading network providers, and a scalable platform for growth, backed by comprehensive training and fully managed installation and support.

http://www.vapourcloud.com

CirrusMD received $7M in Series A Funding

CirrusMD develops “closed loop” virtual care solutions for value-based healthcare organizations. We allow everyone to access convenient, timely medical care with local physicians in the same way that doctors address concerns for their friends and family – through text messaging, phone and video chat.

http://www.cirrusmd.com

July 2017

Push Doctor received $26.1M in Series B Funding

PushDoctor is the Europe’s leading digital health marketplace where patients can see a registered doctor in-video in under 6 minutes.

https://www.pushdoctor.co.uk

Fountain received $9.1M in Series A Funding

Fountain helps hundreds of retail, restaurant, delivery, and hospitality companies hire at speed and scale.

http://www.fountain.com

TeleStax received $4.7M in Series A Funding
Telestax, the open source cloud communications company, is enabling mainstream “copy and paste” developers to build telephony apps for targeted markets around the world.
http://www.telestax.com

Duolingo Receives $25M in Series E Funding
Duolingo is a free language education platform that gamifies every lessons available in over 20 languages.
http://www.duolingo.com

ExecOnline received $16M in Series B Funding

ExecOnline partners with elite business schools to enable executives at the world’s largest companies to master and apply critical insights and practical solutions.

http://www.execonline.com

August 2017

Plato received $3.3M in a Venture Round

Plato (former Birdly) turns your company’s engineering managers into better leaders by helping junior engineering managers resolve challenging management situation as they arise, in real-time.

http://www.platohq.com

Huddle received $1.2M in Seed Funding

Huddle is a video based peer-to-peer support community. A social platform that’s focused on comfort, safety, and allowing users to pixelate themselves to their comfort.

http://www.hihuddle.com

September 2017

TalkSpace received $31M in Series C Funding

Affordable, anonymous therapy with professional, licensed therapists, wherever and whenever you need help.

http://www.talkspace.com

Streamroot received $3.2M in a Venture Round

Streamroot is a market leader in innovative OTT video optimisation technologies for content publishers, network service providers and enterprise customers.

http://www.streamroot.io

Smiletime received $1M in Seed Funding

Smiletime, Inc. powers pop.in, an app for spontaneous, ephemeral live connection. On pop.in, civility and inclusivity are the bedrock of dynamic conversations, which are hosted in an environment that allows for discussions to be as multifaceted as the people having them.

http://www.pop.in

Call9 received $24M in Series B Funding

Call9 is an alternative to 911 presently operating in Skilled Nursing Facilities (nursing homes). When a nursing home patient has an acute event instead of calling 911, SNF nurses activate Call9.

http://www.call9.com

Slack received $250M in Series G Funding

Slack is a team communication application providing services such as real-time messaging, archiving, and search for modern teams.

http://slack.com

Dialpad received $17M in Series C Funding

Dialpad is communications simplified for every business. Available on any device, anywhere, Dialpad includes voice, video, messaging and meetings; and is integrated with Microsoft Office 365 and Google’s G Suite.

http://www.dialpad.com

October 2017

Datalot received an undisclosed Private Equity Round

Datalot bridges the technology gap between online advertising and telephony. Datalot offers a real-time call marketplace as well as a cloud-based contact center platform and other web-to-phone applications and services.

http://www.datalot.com

Vidyo received $9.37M in a Venture Round

Vidyo makes it easy to embed the most beautiful, resilient and immersive multiparty video chat into any application, on any connected device. In healthcare, banking, IoT, customer engagement, enterprise collaboration, government, field services and more, video chat is revolutionizing – while simplifying – how we communicate.

http://www.vidyo.com

Open-Xchange received €21,000,000 in Series D Funding

OX is a provider of open source software-as-a-service solutions for hosting, service provider and telecommunications companies.

http://www.open-xchange.com

November 2017

HealthKit received $2.5M in Series B Funding

HealthKit make healthcare better all over the world. HealthKit is a platform for patients, practitioners and people everywhere.

http://www.healthkit.com

Snap received $2B in Post-IPO Equity

Snap is behind Snapchat, a photo messaging app that allows users to take photos, record videos, add text and drawings, and send them to recipients. In 2016, it released Spectacles, video-sharing sunglasses that free the Snapchat app from smartphone cameras.

http://www.snap.com

PandaTree received $1.5M in Seed Funding

PandaTree offers live foreign language conversation practice for kids through 1-on-1 video sessions with hand-picked, native-speaking tutors.

http://www.pandatree.com

December 2017

Huddly received $10M in Series C Funding

Huddly develops an intelligent software-upgradable platform that powers the world’s smallest and most powerful video collaboration camera – Huddly GO, the first product in the Huddly hardware portfolio.

http://www.huddly.com

About Blacc Spot Media, Inc.

Blacc Spot Media focuses on Web Real-Time Communications (WebRTC) development across web, mobile, native desktop and telephony implementations. Our team works on strategic projects developing custom applications, enterprise platforms and mobile applications for a wide array of clients. If you are interested developing your own WebRTC product or service, let us know how we can help you.

Take a look at our website for more information (http://www.blaccspot.com) or email us at hi@blaccspot.com.

 

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Need a WebRTC Developer?
Blacc Spot Media has the experience you need
Learn More Contact Sales