Livestorm Raises $30 Million

Video communication startup Livestorm announced today that it has raised $30 million in Series B funding. Livestorm is distinguished from other video conferencing tools because it’s purely browser based, without requiring presenters or attendees to install any software. The company says it has grown revenue 8x since it raised its €4.6 million Series A last fall, with a customer base that now includes 3,500 customers such as Shopify, Honda and Sephora. The new funding will allow Paris-headquartered Livestorm to continue expanding into North America — apparently, the U.S. already represents one-third of its customer base and is the company’s fastest-growing region.