GeekWire: Banzai Raises $15M as Investors Pour Cash into Virtual Event Platforms
Banzai, a Seattle startup that sells event marketing software, raised $15 million in venture debt funding. Columbia Pacific Advisors led the round, which included participation from Gaingels.
Founded in 2016 by former Avalara employees, Banzai originally started as an on-demand inside sales and marketing platform. It shifted to help companies drive registations to events. Then it pivoted again as the pandemic hit, focusing on its virtual events marketing solution.