BusinessFunding Round
100ms raises $20M Series A led by Alpha Wave
100ms has secured $20M in Series A funding. The funding round was led by Falcon Edge’s Alpha Wave Incubation, with participation from Matrix, Accel, LocalGlobe & Strive.vc.
Key Takeaways
- 100ms raised $20M in a Series A round.
- Falcon Edge’s Alpha Wave Incubation led the financing.
- Matrix, Accel, LocalGlobe, and Strive.vc joined the round.
- 100ms said the capital will support its work on interactive video for the virtual world.
Why It Matters
A $20M Series A gives 100ms fresh capital to keep building around interactive video, the core product direction described in the announcement. The investor mix includes Falcon Edge’s Alpha Wave Incubation plus Matrix, Accel, LocalGlobe, and Strive.vc, signaling backing from multiple firms familiar with developer infrastructure and software bets. For StreamingMeme readers, the concrete marker to watch is what 100ms ships next using this financing, especially any product updates tied to “truly interactive virtual experiences.”
Read full article at 100ms.live