Video conferencing specialist 24sessions scores $1m funding
In a round led by Capital Mills, Dutch video conference firm 24sessions has raised $1.1 million (€1 million) in new funding, The Series A investment will help the company expand internationally, and takes its total capital to more than $1.4 million, reports David Penn at Finovate.
24sessions’ CEO Rutger Teunissen says: “In the last year, we tripled our revenue, doubled our team, and grew to a leading position in the Benelux. This investment enables us to grow even faster by entering new markets and investing in sales.”
24sessions video conference technology supports 1-click video chat and both screen- and filesharing. Scheduling is done via the platform’s automated self-service scheduling functionality that includes embeddable booking forms for leads and clients, as well as calendar integration with Google, Office365, and Outlook.
The platform also provides meeting analytics and the ability to record the video conference for compliance or training purposes. No downloads or installations are required, and users can participate in video calls with any mobile or desktop device. Video calls can be branded and embedded into the customer journey, as well.
“Until now, most enterprises have struggled to roll-out video calling as a major customer interaction channel, even though the ROI potential is tremendous and customers expect such a service,” says 24sessions’ CTO Konstantin Goncharuk. “This is because their existing systems, such as Skype and Webex, are simply not built for customer interaction.”
Founded in 2015 and based in Amsterdam, 24sessions’ customers include Rabobank, ING, and Aegon.
Video conferencing is a rapidly growing technology as it helps businesses in cost reduction, better client interaction, conducting and joining video conferences from anywhere anytime etc. Tools like R-HUB desktop video conferencing servers, Polycom, Avaya, WebEx etc. are mostly used by companies in order to conduct online video conference.