Bizzabo, an event marketing platform, has raised $138 million in Series E funding, the company announced on Wednesday.
The funding round was led by Insight Partners, with participation from prior investor Viola Growth, Next47 & OurCrowd.
The company plans to hire 100 new employees in the first half of 2021.
Bizzabo provides an event software platform that helps event planners implement “a hybrid strategy that blends together the best parts of virtual and in-person experiences,” states Eran Ben-Shushan, CEO & co-founder of Bizzabo.
The firm notes that even with a COVID-19 vaccine in the offing, virtual events are here to stay.