Wednesday, September 16, 2015

Agora Raises $20 Million for its WebRTC Platform

Agora, a start-up based in Palo Alto, California, raised $20 million in Series B funding for its communications as a service (CaaS) for enterprises.

Agora enables premium, Real-Time Communication (WebRTC) for any application through a simple SDK. It goes beyond current WebRTC services by providing consistent quality of experience (QoE) on a global scale as an easy-to-use and cost-effective cloud service. Agora uses a globally distributed cloud infrastructure and advanced algorithms to preserve premium communications quality across mobile and other devices and varying network conditions. Agora's 65 global data centers and HD audio codecs minimize latency for real-time communications, managing background noise and up to 70% packet loss, while supporting as many as 2,000 users in a single session.

"We are pleased that our original investors continue to support Agora with a substantial Series B round of venture capital funding," says Tony Zhao, CEO and founder of Agora. "Agora meets the needs of tomorrow's applications to deliver richer communications between people around the world from their mobile devices," Zhao adds.

Agora is backed by venture capital firms Morningside, SIG, GGV Capital, ShunWei, and IDG.

http://www.agora.io

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