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Friday, July 1, 2022

Finnish Callstats.io Raises $3 Mln

Callstats.io, a provider of Web Real-Time Communications (WebRTC) analytics, raised $3 million A round from True Ventures and Lifeline Ventures.
Om Malik, partner at Silicon Valley-based True Ventures, will join Callstats.io’s board of directors.
Callstats.io is a Software as a Service platform providing performance monitoring and management to real-time media communication applications.
The product enables service providers to identify end-users who are experiencing poor media quality and diagnose performance issues. The information is used by product managers and engineers to improve the quality of experience and proactively resolve potential bottlenecks. Customer service departments also use Callstats.io to resolve reported issues.
“We believe WebRTC will be adopted by more than twenty thousand companies in the forthcoming years. Video content is already the majority of the internet traffic, and we see this growing with the addition of real-time communications and live streaming,” Varun Singh, founder and CEO of Callstats.io, said in a statement.
 Note: Callstats.io was acquired by 8×8 in 2020
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