100ms scoops up $20M in Series A led by Alpha Wave

Live video infrastructure startup 100ms has raised $20 million in its Series A round led by Alpha Wave Incubation (AWI). The round is joined by Matrix Partners India and LocalGlobe, along with participation from existing investors Accel and Strive.vc. 

Entrackr had exclusively reported this development in January.

With the fresh proceeds, the startup aims to help developers build and deploy enterprise-class video applications in hours. 

The founding team led by Kshitij Gupta, Aniket Behera and Sarvesh Dwivedi had earlier built live video infrastructure at Facebook and Disney. The startup counts Paytm Insider, BookMyShow, Townscript, FLYX and Circle among its clients. 

100ms offers a suite of software development kits or SDKs that allow developers to incorporate audio and video capabilities into their apps and websites. It offers customisable SDKs that let developers add Zoom-quality video to their apps in hours.

The Bengaluru-based startup claims to have witnessed over 20X growth in usage metrics over the last quarter.

Earlier in October last year, 100ms had raised a $4.5 million seed fund led by Accel with participation from Strive.vc.