fbpx
Generic selectors
Exact matches only
Search in title
Search in content
Facebook Fanpage
Twitter Feed
621 Following
860 Followers
The NLRB Revives Google’s Previous Case That Violated Its Labour Law https://t.co/lA4ZNKMKjP via @techbooky https://t.co/2y9yZhuAxS
about 1 hour ago
The Nigerian Forensic Agency Consent The FG To Use Its Prowess As A Tool https://t.co/TABp8J4R99 via @techbooky https://t.co/PD7Wwd7Acr
20 hours ago
How To Build A Top-notch On-demand Cooking Gas Delivery App In 2021 https://t.co/Ojwh75OQVk via @techbooky https://t.co/wEyVtPu9R6
23 hours ago
Android Deleted Tweet About Pixel Buds A-Series It Mistakenly Shared https://t.co/mhF22In8rO via @techbooky https://t.co/XrYQvrwPQj
yesterday
Browse By Categories

Clubhouse Closes Series C Funding Round At A $4 billion Valuation

Share

Audio-sharing platform Clubhouse has closed a new Series C funding round. This was revealed by the platform on its weekly Town hall on Sunday, and the amount raised in the funding round was not disclosed by the company. According to Reuters, a source confirmed that this new funding round raise the company’s value to a whopping $4 billion.

Some of the information the company was willing to disclose includes that the funding round was led by Andrew Chen of venture capital form Andreessen Horowitz and had other major investors like DST Global, Tiger Global and Elad Gil.

Clubhouse and Andreessen Horowitz did not respond to requests for how much was raised from the latest funding round.

Clubhouse went viral after the San Francisco-based company featured the likes of Mark Zuckerberg and Elon Musk on the audio-chat platform. The company which is only just a year old is one of the most successful on the basis of the time factor. The company has also seen huge rivalry as other social media platforms like Twitter, are either looking for ways to integrate an audio-chat feature or have already done so.

The success of Clubhouse is proof that audio-chat services have huge potentials; people had no choice but to be at home due to the coronavirus pandemic. Clubhouse reportedly has 10 million weekly active users. The details of Clubhouse’s funding were first reported by The Information on Friday.

Clubhouse also announced on Monday, 5th of April that it will launch a monetization feature for creators on its platform so that they can benefit from the content they share on the platform. Clubhouse was also quick to add that is strictly for creators on its platform and that it will not benefit any money from it and has no future plans on doing so.

Total
0
Shares
Previous Post

Facebook Is Thinking Of Slashing Salaries Of Workers Working Remotely

Next Post

Apple’s Launches The 5G Enabled iPad Pro with Its Owned Semiconductor, The M1 Chip

Related Posts

Subscribe Our Newsletter

Subscribe

Never miss an important Tech news again

   
HTML Snippets Powered By : XYZScripts.com