Virtual events platform Hubilo raises $125 mn for global expansion

The investment signals a change in ways people engage and share experiences at a time when uncertainty about Covid-19 has seen cancelled events and delayed a return to traditional office environment

Hubilo, a leading global virtual events platform, said it has raised $125 million in a funding round led by Alkeon Capital and additionally, Lightspeed Venture Partners and Balderton Capital. The Series B funding will help the firm to further the development of the future of events and engagement on Hubilo’s platform.

This brings the company’s total funding to $153 million to date in 18 months. The investment, one of the largest in the event technology category, signals the big change in ways by which people connect, engage, share experiences, and create opportunities at a time when uncertainty about Covid-19 and its