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Event software maker Bizzabo raises $27 mln in private funding


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JERUSALEM, April 17 (Reuters) - Bizzabo, a U.S.-Israeli maker of software to manage and personalise professional events, said on Wednesday it raised $27 million in a funding round led by Viola Growth.

The latest round brings Bizzabo's total fundraising to $56 million and will help the company expand its platform and grow its research and development, it said.

New investor Next47, as well as existing investors such as Pilot Growth, which led the company's previous round, also participated in this round.

CEO Eran Ben-Shushan said one-quarter of business-to-business companies' marketing is spent on live events.






This article appears in: World Markets , Stocks




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