As the pandemic hits the world in a blatant way, startup companies like video conferencing startup 100ms raises $4.5 million in the recent funding which was joined by Accel and Strive VC. But, what is this startup works in, you said? If you wonder what kind of startup it is and its products, make sure to keep reading as we will disclose some information regarding this news.
Its name might sound like coming from a physics book. Well, while some of it is true, the fact that this video conferencing raises lots of money in a startup funding raises us a question. What is the reason why video conferencing startup 100ms raises $4.5?
Well, let’s first learn about what the company is working on. Founded in 2020, this startup is trying to provide video conferencing platform that enables integration between infrastructure plus software services. Several notable clients that have worked with them are Paytm Insider, Circle, and BookMyShow’s Townscript.
The online event platform company is Bengaluru-based, and just like other startups in the same industry of SaaS becomes well known during the pandemic, this startup is relatively new and the company is even started only with three people at first: Aniket Behera, Kshitij Gupta, and Sarvesh Dwivedi.
The company is promising the joining of video conferencing with your services a quick one—in the count of hours. This is what people found as revolutionary—as other software may need you to take weeks or even months to integrate the system with your current service.
What the Company is Planning
After 100ms raises $4.5 million during the funding, the virtual events platform planning to use the fund they got to develop their virtual conference platform. To do that, surely it starts by empowering the team behind this budding online conference platform first.
That said, the company that releases 100ms virtual event app is willing to boost the power of its engineering team. It seems like they are planning to enhance the product with the template for live use cases.
Despite the numerous numbers of competitors (the virtual event companies), it seems they are optimistic for getting the spare of the market for themselves. Despite the increasing numbers of other virtual meeting platforms, 100ms seems to be confident that they can fill the gap that other services are not capable to provide. And for that, they need time to work on it still.
The Key Features
They may have not launched a gigantic, renowned app. However, 100ms is planning to make something bigger than what other competitors are offering. Some will include:
- Custom features like payments or ticketing,
- Copyright free music for background use
- Comprehensive data analytics
- User-friendly UX, and so many more to reveal.
Since it is still too new for the company to introduce what they are planning as new features in the future, it seems like it’s worth the wait for 100ms to do the wonder. Hence, this conference platform can beat the popularity of the previously-released ‘Indian version’ of Zoom, which is JioMeet—not only in terms of popularity, but also, of course, in terms of features.