Tech

Hopin lays off 29% of staff

Virtual events startup Hopin has laid off 29% of its staff, the cuts come four months after Hopin let another 12% of its staff go. In the latest reduction the staff let go are primarily supporting its events businesses, while no specific teams have been named, it’s reported that senior executives are part of the layoffs. “We’ve made the very difficult decision to reduce our workforce given the cur...

Buying a virtual event platform: questions to ask the salesperson

Buying or hiring use of a virtual event platform can be an overwhelming experience for many event organisers. The pandemic gave rise to hundreds of platforms with everyone claiming to provide the best product. Unfortunately, this meant that many event organisers found themselves rushed into deciding which either turned out to be the wrong one or presented hidden costs or unforeseen problems. There...

Hubilo set to accelerate development with new £92m tranche of funding from private equity partners

Fast-growing global virtual events platform Hubilo has announced that in a funding round led by Alkeon Capital and including Lightspeed Venture Partners and Balderton Capital, it has raised £92m ($125.35m) in Series B funding. This investment demonstrates the growing attractiveness of the event technology sector and brings Hubilo’s total funding to £113m in less than 18 months. The investment, one...