Agora, a communication as a service (Caas) provider has raised $20 million in Series B round of funding led by Morningside, SIG, GGV Capital, ShunWei and IDG. It has raised the company’s total funding to $25.9 million.
Founded in 2014, Agora is a communication as a service (Caas) provider that delivers premium quality-of-experience voice and video communications across various devices and networks globally. It allows software applications to support as many as 2000 users on a single call. Headquartered in Palo Alto, the company provides HD real-time communication services to organizations in various industries. The company uses globally distributed cloud infrastructure and advanced algorithms to preserve premium communications quality across mobile and other devices and changing network conditions.
With the fresh funds, the company plans to further expand its infrastructure worldwide and sales and marketing initiatives. Along with the funding, the company also announced global availability of Agora Voice that taes one beyond current WebRTC services by providing consistent quality of experience on a global level as an easy-to-use and cost-effective cloud service.
Tony Zhao, CEO and founder of Agora said, “We are pleased that our original investors continue to support Agora with a substantial Series B round of venture capital funding. Agora meets the needs of tomorrow’s applications to deliver richer communications between people around the world from their mobile devices.”
Agora is offering a unique solution to deliver premium communications to the global marketplace,” said Jenny Lee, managing partner for GGV Capital. “They have assembled an impressive team with voice and video experience to revolutionize how the world communicates.”
With its new headquarters in Palo Alto, the Agora plans to work in close relations with its USA-based partners and dedicate more resources to tap into the fast-growing VoIP and real-time communications markets in North America.