Crowdcast has secured $120,000 in investment capital from investors, the company announced today. This funding round marks a significant step for the online events platform, which is dedicated to empowering individuals and businesses to build communities, share ideas, and make a living by doing what they love. The investment will support Crowdcast's ongoing mission to provide a robust and accessible platform for digital gatherings.
The company operates an online events platform that facilitates a wide range of gatherings, from Q&As and workshops to live shows, meet-ups, webinars, online concerts, and online summits. Every month, millions of people attend events on Crowdcast, connecting diverse communities globally. Its customer base spans large corporations such as Adobe, IBM, Twilio, and HP, as well as prominent creators including Mos Def, Amanda Palmer, MIA, System of a Down, and Jacob Collier. Crowdcast's core belief is that technology can be used to bring people together and bridge divides, enabling users to share their ideas at scale and foster meaningful community engagement.
The newly raised capital is intended to support Crowdcast's continued growth and platform enhancements. The company plans to allocate the funds towards expanding its technological capabilities, enhancing user experience, and scaling its operations to meet increasing demand from both businesses and independent creators. This investment underscores Crowdcast's commitment to its mission of empowering its users, positioning the platform for further expansion in the evolving landscape of online community building and digital events. The company aims to continue fostering environments where ideas can be shared freely and communities can thrive.
