Hubilo Raises $125 Million to Reimagine Human Connections at Your Events
October 12, 2021
Over the last year, we have seen how virtual events are evolving to become not just a short-term replacement for the traditional in-person events, but a clear impetus that seemingly overnight digitized the events industry. The future, now, will be fueled by our imagination.
Imagine attending a tradeshow with no awkward lingering or strained networking, just personalized journeys, and valuable matchmade meetings. Imagine a sales kickoff that wasn’t motivation and inspiration squeezed into a 3-day jaunt, but an evergreen team connection with more impactful training and inspiration. And imagine meeting with your favorite musician when hosting a virtual watch party from your house! Events are being reimagined!
To bring the imagination to life, we will need technology and people to work together. When it comes to the need for fast-evolving technology that meets the needs of event professionals today and years from now, Hubilo - one of the world’s leading virtual event platforms - has some exciting news.
Hubilo has just raised $125M in Series B funding, backed by new investors, Alkeon Capital, and with continued participation from previous investors Lightspeed Venture Partners, and Balderton Capital.
Vaibhav Jain, Founder & CEO at Hubilo, shared his gratitude towards the event professionals’ community and said “We will be working harder than ever to build a vision for the future of events that foster greater human connections...and that vision has been co-architected by YOU. Soon, we’ll extend these tools beyond the business world. Think about concerts, sports, and other large gatherings - the future is being reimagined!”
This new round of funding will go toward continued growth initiatives, exciting new platform innovations, and global expansion. New innovations and product releases are on the horizon. Hubilo promises to listen deeply to your needs and develop cutting-edge engaging features that give you what you need when it comes to enabling relationships that drive ROI.
Partner Voices
Overview:
The award-winning Orange County Convention Center (OCCC) goes the extra mile to make every day extraordinary by offering customer service excellence and industry-leading partnerships. From their dedicated in-house Rigging team to their robust Exhibitor Services, The Center of Hospitality brings your imagination to life by helping you host unforgettable meetings and events. With more than 2 million square feet of exhibit space, world-class services and a dream destination, we are committed to making even the most ambitious conventions a reality.
In October 2023, the Orange County Board of County Commissioners voted to approve allocating Tourist Development Tax funding for the $560 million Phase 5A completion of the OCCC. The Convention Way Grand Concourse project will include enhancements to the North-South Building, featuring an additional 60,000 square feet of meeting space, an 80,000- square-foot ballroom and new entry to the North-South Building along Convention Way.
“We are thrilled to begin work on completing our North-South Building which will allow us to meet the growing needs of our clients,” said OCCC Executive Director Mark Tester. “As an economic driver for the community, this project will provide the Center with connectivity and meeting space to host more events and continue to infuse the local economy with new money and expanding business opportunities.”
Amenities:
The Center of Hospitality goes above and beyond by offering world-class customer service and industry-leading partnerships. From the largest convention center Wi-Fi network to custom LAN/WAN design, the Center takes pride in enhancing exhibitor and customer experience.
The OCCC is the exclusive provider of electricity (24-hour power at no additional cost), aerial rigging and lighting, water, natural gas and propane, compressed air, and cable TV services. Convenience
The Center is at the epicenter of the destination, with an abundance of hotels, restaurants, and attractions within walking distance. Pedestrian bridges connect both buildings to more than 5,200 rooms and is within a 15-minute drive from the Orlando International Airport. The convenience of the location goes hand-in-hand with top notch service to help meet an event’s every need.
Gold Key Members
The OCCC’s Gold Key Members represent the best of the best when it comes to exceptional service and exclusive benefits for clients, exhibitors and guests. The Center’s Gold Key memberships with Universal Orlando Resort, SeaWorld Orlando and Walt Disney World greatly enhance meeting planner and attendee experiences offering world-renowned venues, immersive experiences and creative resources for their events.
OCCC Events:
This fiscal year, the OCCC is projected to host 168 events, 1.7 million attendees, and $2.9 billion in economic impact.
The Center’s top five events during their 2022-2023 fiscal year included:
AAU Jr. National Volleyball Championships 2023
200,000 Attendees
$257 Million in Economic Impact
MEGACON 2023
160,000 Attendees
$205 Million in Economic Impact
Open Championship Series 2023
69,500 Attendees
$89 Million in Economic Impact
Sunshine Classic 2023
42,000 Attendees
$54 Million in Economic Impact
Premiere Orlando 2023
42,000 Attendees
$108 Million in Economic Impact
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