- Bevy, a Palo Alto, California-based enterprise virtual, hybrid, and in-person event community platform, secured $40M in Series C funding, valued at $325m
- The company, which has raised $60M to date since it founded in 2017, intends to use the funds to grow the team from 100 employees to 250 in 2021
- Bevy purpose built by the team behind Startup Grind to help companies build, grow, and scale their global customer communities
- In 2019, the company also acquired CMX, a large community professional organization which offers training, education, and networking opportunities
- With a completely remote workforce, the company’s team is located in 10 different countries on 4 continents
- Bevy enables enterprise brands to host large virtual conferences and events and scale their global community events through a network of globally connected events
