Downing Ventures leads follow-on investment for award-winning virtual and hybrid meetings company Glisser
Downing Ventures is pleased to announce a follow-on investment round for virtual and hybrid events platform, Glisser. Downing Ventures originally invested in the company in 2014.
This most recent round of funding was led by Downing Ventures and supported by Gresham House.
UK-based Glisser was formed in 2014, and 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.
Since Downing Ventures’ first investment in 2014, 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. This allows enterprises, creative agencies, venues and production companies to create 100% on-brand virtual and hybrid events using Glisser’s scalable and secure components.
Mike Kennedy, Downing Ventures, commented: “We’re delighted to be supporting Glisser in its next stage of growth. The importance of reliable and intuitive virtual event platforms is crucial in the post-covid era of remote working and hybrid events.”
Michael Piddock, CEO of Glisser, concluded: “As we transition out of numerous lockdowns, businesses globally are realigning their working environments and travel policies to meet this new way of working. Virtual and hybrid meetings now have a permanent place in their communications and marketing channels, and we’re innovating to support that. It’s a very interesting time for us at Glisser as we embark on the next stage of our growth journey. We’re very appreciative of Downing Ventures’ continued financial backing.”
20 May 2022