KUDO gets cash boost as it closes successful funding round

Multilingual video conferencing provider KUDO has closed its oversubscribed $21 million (approximately €18 million) Series A funding round led by Felicis Ventures.

Felicis, who led the seed round for the multilingual meeting platform, is joined by a team of investors including Maverick Ventures, Elephant VC, FJ Labs, Global Founders Capital and billionaire activist investor Bill Ackman in the oversubscribed round.

The new venture partners join original investors ID8 Investments, Advancit Capital and AirAngels, bringing the total round of funding to nearly $27 million.

KUDO was established in 2017 and in 2020 the pandemic saw demand for the company’s services explode by more than 3,500%.

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