Hopin raises $450m at $7.75 billion valuation for virtual events

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Europe's fastest-growing startup of all time Hopin raises its fifth round in 2 years at a $7.75 billion valuation

Since then, the company has added a further four transactions with deals to buy Attendify, Boomset, Streamable, and Jamm. Recent purchase Boomset helps Hopin provide more on-site services such as kiosks and badges as it looks to transition into hybrid events.

Boufarhat acknowledged a dropoff in virtual only events as COVID-19 vaccinations allow for more in-person meetings. He added that this had been offset by the general rise of hybrid events."The events business is moving to a wider base which means there's more opportunity," he said. This Series D round was co-led by Arena Holdings, founded by former Tiger Global partner Feroz Dewan, and Altimeter Capital, a recent backer of payments infrastructure startup Plaid, with participation from new investors Adam Street Partners, Untitled Investments and XN Capital.Subscribe to push notifications

 

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BITech It took Bezos 2 months, 4 days, 11 hours, 17 minutes, and 9 seconds to earn $7.8 billion.

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