The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now!

Today Rounds, a cross-platform messaging app focused on real-time video chat, announced a $12 million raise from Sequoia Capital, Samsung Ventures, Verizon Ventures, and others.

Sequoia believes that, like a combination of WhatsApp and Skype, Rounds, with its 25 million users, represents the next wave in messaging apps: video. “We believe the next generation is about instant video chatting and interactivity, and this is exactly what we see in Rounds,” Sequoia Capital Israel partner Shmil Levy said in a statement.

Rounds’ multimedia-centric (I apologize for that phrase) approach to chat also involves games and video sharing — not entirely unlike Line, a fast-growing chat app from Japan.


VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative technology and transact. Our site delivers essential information on data technologies and strategies to guide you as you lead your organizations. We invite you to become a member of our community, to access:
  • up-to-date information on the subjects of interest to you
  • our newsletters
  • gated thought-leader content and discounted access to our prized events, such as Transform 2021: Learn More
  • networking features, and more
Become a member