Twine raises $3.3M to add networking features to virtual events

Twine, a video chat startup that launched amid the pandemic as a sort of “Zoom for meeting new people” shifted its focus to online events and, as a result, has now closed on $3.3 million in seed funding. To date, twine’s events customers have included names like Microsoft, Amazon, Forrester and others, and the service is on track to do $1 million in bookings in 2021, the company says.

The new round was led by Moment Ventures, and included participation from Coelius Capital, AltaIR Capital, Mentors Fund, Rosecliff Ventures, AltaClub and Bloom Venture Partners. Clint Chao, founding partner at Moment, will join twine’s board of directors with the round’s close.

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