In this post, we are going to see how Splashtop has raised funds to increase their business.
Let’s get started…
Splashtop 50M Sapphire 1B Sawers VentureBeat
Splashtop has raised $50 million in a round of funding led by Sapphire Ventures at the valuation of $1 billion.
The company has grown tremendously in a last couple of years. Their business grew more than 160% in 2020. This was the main reason for such valuation.
About Splashtop:
Splashtop is a remote-desktop software and remote support software, developed by Splashtop Inc. It very first version of the software was launched in August 2010.
It enables users to remotely access their computers from desktop and mobile devices.
- Supported OS – Windows, macOS, Chrome OS, Android, iOS, Linux
- Current Version – 3.5.0.2
Other Products of Splashtop:
- Splashtop SOS
- Splashtop Remote Support
- Splashtop Enterprise
- Splashtop Enterprise for Remote Labs
- Splashtop On-Prem
What is Sapphire?
Sapphire Ventures, LLC is a venture capital firm primarily invests in Series B through IPO technology companies.
It is located in in Austin, California, Palo Alto, London and San Francisco.