Hubb Secures $6.3 Million in Series B Funding
Event management technology provider Hubb has raised $6.3 million in a Series B funding round, bringing Hubb’s total funding to $10 million. The funding round was led by Five Elms Capital and includes follow-on investment from Oregon Venture Fund and Elevate Capital.
Hubb plans to use this new capital to better support its customers, further scale its business and develop additional event content and meeting management solutions, along with powerful business intelligence tools. The funding will also be used to hire staff in development, sales, customer support and marketing.
As a part of the Series B round, Joe Onofrio, managing director of Five Elms Capital, has joined Hubb’s board of directors.
“We’re thrilled to partner with Five Elms Capital,” said Allie Magyar, founder and CEO of Hubb.
She continued, “This new funding will allow us to scale our business while we continue to innovate and push the industry towards data-driven decision-making. There is a great deal of momentum in the event technology space and we’re excited to lead the industry’s use of true SaaS technology for meetings and events.”
Hubb’s event management solutions and business intelligence tools are designed to bring innovation and data-driven decision-making to the events industry. As the single source of truth that powers all of an event’s content, the software acts as an event’s central hub.
The company’s clients include Microsoft, Atlassian, Tableau Software, Biotechnology Innovation Association and the Consumer Technology Association (CES).
Hubb is a member of the Event Tech Tribe, a collaborative ensemble of best-in-craft event technology providers who have chosen to work together technically and collaborate at a client level.
For more information on Hubb, go HERE.