ON24 raises $25 Million from Goldman Sachs


ON24, the famous marketing technology company, which was in news after a failed IPO around 5 years back, seems to have gained a rebirth after Goldman Sachs showed confidence in it by putting in $25 Million. The company has raised over $36 Million in previous rounds.

One of the spokesperson of the company stated on the fact that it has grown a lot better and many notable names are now betting for their services. It helps the companies run webinars for their clients, associates, employees or literally anyone else.

The raised funding will be used for domestic and international expansion along with investing in developing better technology in the time to come. Last year, ON24 ran over 60,000 webcasts and the number is expected to cross 100,000 this year.