What is Glide?
Glide is a free messaging application designed for iOS, Android, and Windows Phone, aiming to enhance authentic communication through the use of in-the-moment video. By enabling asynchronous video messages, Glide effectively bridges geographical distances, allowing for ongoing and deeper conversations. The app has garnered millions of users worldwide, facilitating billions of messages since its inception in Spring 2013. Its focus on spontaneity and emotional depth in digital interactions differentiates it in the market.
How much funding has Glide raised?
Glide has raised a total of $44.5M across 3 funding rounds:
Series A
$6.5M
Series B
$30M
Debt
$8M
Series A (2013): $6.5M with participation from Menlo Ventures and Digital Garage, Inc.
Series B (2016): $30M, investors not publicly disclosed
Debt (2016): $8M supported by Two Sigma Ventures, Menlo Ventures, and Marker LLC
Key Investors in Glide
Menlo Ventures
Menlo Ventures is a venture capital firm that invests in early and growth-stage technology companies, with a focus on enterprise software, consumer internet, and fintech. They partner with founders through multiple stages of scale.
Two Sigma Ventures
Two Sigma Ventures is an early-stage venture capital firm investing in transformative companies that leverage information growth and computing power, with interests in AI and advanced therapies.
Marker LLC
Marker LLC is a venture capital firm specializing in intelligent investing and supporting innovative technology companies across various sectors, aiming to foster growth and success.
What's next for Glide?
With a major strategic investment recently completed, Glide is poised for further expansion and feature development. The substantial capital infusion, totaling $44.5M, suggests a strategic push to enhance its platform capabilities, potentially targeting new user demographics or expanding its service offerings. The company's history of securing diverse funding, including venture capital and debt financing, indicates a robust financial strategy aimed at sustainable growth and market leadership in the video communication space.
See full Glide company page
