Deals

EventTech June 10, 2022

Glisser raises follow on funds from Downing Ventures and Gresham House

Notwithstanding uncertainty in the markets at time of closing, leading event-tech platform Glisser has raised significant funds from existing investors Downing Ventures and Gresham House.

HLaw has been acting for Glisser since 2017 and we were pleased to have the management team led by Mike Piddock execute on this further funding round that equips the business with new capital to continue growing in the UK, the US and other key markets.

As reported in ‘Event Tech Live‘, “Glisser was formed in 2014 and was originally focused on delivering audience engagement technology for in-person meetings and events. In March 2020 it successfully pivoted into the burgeoning virtual events space in response to the global pandemic, and now delivers enterprise-grade SaaS technology to cover the full spectrum of event formats.

Glisser has gone from strength to strength and counts large businesses such as Facebook, Uber, the NHS and Pfizer as some of its clients.

With this new investment, Glisser will be looking to expand the development of its unique ‘Glisser Elements’ Software Development Kit (SDK), which allows its customers to integrate low-code video streaming, slide-sharing and audience interaction components into their own websites and intranets.

Humphreys Law

Deal/project: Series B extension

Date closed: May 2022

Space: EventTech

Other lawyers and advisors: Shoosmiths acting for the investors